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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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 December 06, 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 December 06, 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: December 06, 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 December 06, 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/