News China05 Feb 2021

Insurance industry's 2020 premium growth rate halved

| 05 Feb 2021

China's insurance industry posted total GWP of CNY4.53tn ($700.5bn) last year, representing an increase of 6.12% over 2019. This growth rate was 6.05 percentage points lower than the 12.17% increase seen in 2019 due to the impact of the COVID-19 pandemic.

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