On February 2nd, data released by the State Administration of Financial Supervision and Administration showed that in 2024, the original insurance premium income of China’s insurance industry was about 5.7 trillion yuan, including 1.43 trillion yuan for property insurance and 4.26 trillion yuan for personal insurance. In terms of compensation, the original insurance compensation expenditure of China’s insurance industry in 2024 was 2.3 trillion yuan, including 981 billion yuan for property insurance and 1.32 trillion yuan for personal insurance. As of the end of 2024, China’s insurance industry had total assets of 35.9 trillion yuan and net assets of 3.32 trillion yuan.
Scan code to share