Showing posts with label insurance statistics. Show all posts
Showing posts with label insurance statistics. Show all posts

Monday, February 23, 2015

China 2014 Insurance Growth

China Insurance Regulatory Commission:  China insurers gained total premium income of more than CNY2 trillion (US$320.5 billion) in 2014. 

Growth reached a three-year high of 17.5%. 

Total assets in the industry gained more than CNY10 trillion, achieving the country's target one year earlier than what is set set under the 12th Five-Year Plan. 

The jump in growth of sales was seen mainly through mobile platforms, which pushed online policy sales in 2014.

Premium income from life insurance policies sold online increased 548.51% to CNY35.32 billion, while property insurance policies rose 113.65% to CNY50.6 billion. 

Source: http://www.asiainsurancereview.com/News/View-NewsLetter-Article/id/32139/Type/eDaily?utm_source/Edaily-News-Letter/utm_medium/Group-Email/utm_campaign/Edaily-NewsLetter