As of the end of 2023, the payouts from personal insurance amounted to 971 billion yuan in China. Along with economic development, the country's insurance sector grew as well. Within the past years, the industry had undergone significant changes.
Pay off expenses of personal insurance companies in China from 2012 to 2023
(in billion yuan)
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Expenditure in billion yuan
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China Banking and Insurance Regulatory Commission. (January 26, 2024). Pay off expenses of personal insurance companies in China from 2012 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/763118/pay-off-expenses-of-life-insurance-in-china/
China Banking and Insurance Regulatory Commission. "Pay off expenses of personal insurance companies in China from 2012 to 2023 (in billion yuan)." Chart. January 26, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/763118/pay-off-expenses-of-life-insurance-in-china/
China Banking and Insurance Regulatory Commission. (2024). Pay off expenses of personal insurance companies in China from 2012 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/763118/pay-off-expenses-of-life-insurance-in-china/
China Banking and Insurance Regulatory Commission. "Pay off Expenses of Personal Insurance Companies in China from 2012 to 2023 (in Billion Yuan)." Statista, Statista Inc., 26 Jan 2024, https://www.statista.com/statistics/763118/pay-off-expenses-of-life-insurance-in-china/
China Banking and Insurance Regulatory Commission, Pay off expenses of personal insurance companies in China from 2012 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/763118/pay-off-expenses-of-life-insurance-in-china/ (last visited September 01, 2024)
Pay off expenses of personal insurance companies in China from 2012 to 2023 (in billion yuan) [Graph], China Banking and Insurance Regulatory Commission, January 26, 2024. [Online]. Available: https://www.statista.com/statistics/763118/pay-off-expenses-of-life-insurance-in-china/