News China12 Aug 2022

Era of rapid growth of critical illness insurance business seen to be over

| 12 Aug 2022

Life insurers posted health insurance premiums of CNY418.4bn in the first half of this year, a year-on-year increase of 1.21%. This marginal growth, or slower pace of increase, is explained by new critical illness (CI) insurance business that plunged by more than 30% in the first six months.

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