News China23 Feb 2018

Auto business expanded steadily to reach premium volume of US$118 bln

23 Feb 2018

Motor insurance premiums in China in 2017 grew by 10% to CNY752 billion (US$118 billion), according to insurance industry data. The pace of growth was similar to the 10.3% posted in 2016 that fuelled motor insurance premiums to CNY683.46 billion.

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