News China02 Feb 2024

Insurance industry expands by 9% in 2023, fuelled by double-digit growth in life insurance business

| 02 Feb 2024

China's insurance industry posted CNY5.12tn ($714bn) in premium income in 2023, an increase of 9.14% compared to 2022, according to statistics released by the National Administration of Financial Regulation (NAFR).

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