News China12 Mar 2021

Motor business contributes less than 50% of total non-life insurance premiums

| 12 Mar 2021

Motor insurance premiums slid by 12.8% to CNY74.1bn in January, compared to the corresponding month last year, according to data from the CBIRC. The motor branch accounted for 43.9% of total premiums of non-life insurers, dipping below 50% in January 2021.

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