News China17 May 2019

Motor insurance says goodbye to double-digit growth rates

| 17 May 2019

Slower growth has become the new normal for motor insurance business in China, as this class of business posted 4% year-on-year growth in premium income to CNY199.4bn for the first three months of this year. In 2017, motor reported a 7% increase in premiums during the first quarter.

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