News China20 Mar 2020

Online P&C business expands with more entrants in the sector

20 Mar 2020

P&C premium income generated through the online channel in 2019 increased by 20.6% to CNY83.86bn ($11.85bn), which was 10 percentage points higher than the growth rate of the overall property insurance market for the year, according to a report by the Insurance Association of China (IAC).

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