China Insurance Industry Overview
Insurance Density
CN: Insurance Density data was reported at 3,635.369 RMB in 2023. This records an increase from the previous number of 3,326.168 RMB for 2022. CN: Insurance Density data is updated yearly, averaging 332.195 RMB from Dec 1985 (Median) to 2023, with 39 observations. The data reached an all-time high of 3,635.369 RMB in 2023 and a record low of 3.127 RMB in 1985. CN: Insurance Density data remains active status in CEIC and is reported by National Administration of Financial Regulation. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 3,635.369 2023 | yearly | 1985 - 2023 |
View China's Insurance Density from 1985 to 2023 in the chart:
Insurance Density: Human
CN: Insurance Density: Human data was reported at 2,670.109 RMB in 2023. This records an increase from the previous number of 2,425.699 RMB for 2022. CN: Insurance Density: Human data is updated yearly, averaging 733.911 RMB from Dec 1998 (Median) to 2023, with 26 observations. The data reached an all-time high of 2,670.109 RMB in 2023 and a record low of 60.115 RMB in 1998. CN: Insurance Density: Human data remains active status in CEIC and is reported by National Administration of Financial Regulation. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 2,670.109 2023 | yearly | 1998 - 2023 |
View China's Insurance Density: Human from 1998 to 2023 in the chart:
Insurance Density: Property
CN: Insurance Density: Property data was reported at 965.260 RMB in 2023. This records an increase from the previous number of 900.470 RMB for 2022. CN: Insurance Density: Property data is updated yearly, averaging 316.398 RMB from Dec 1998 (Median) to 2023, with 26 observations. The data reached an all-time high of 965.260 RMB in 2023 and a record low of 40.558 RMB in 1998. CN: Insurance Density: Property data remains active status in CEIC and is reported by National Administration of Financial Regulation. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 965.260 2023 | yearly | 1998 - 2023 |
View China's Insurance Density: Property from 1998 to 2023 in the chart:
Insurance Depth
CN: Insurance Depth data was reported at 4.065 % in 2023. This records an increase from the previous number of 3.898 % for 2022. CN: Insurance Depth data is updated yearly, averaging 2.605 % from Dec 1985 (Median) to 2023, with 39 observations. The data reached an all-time high of 4.465 % in 2020 and a record low of 0.364 % in 1985. CN: Insurance Depth data remains active status in CEIC and is reported by National Administration of Financial Regulation. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 4.065 2023 | yearly | 1985 - 2023 |
View China's Insurance Depth from 1985 to 2023 in the chart:
Insurance Depth: Human
CN: Insurance Depth: Human data was reported at 2.986 % in 2023. This records an increase from the previous number of 2.843 % for 2022. CN: Insurance Depth: Human data is updated yearly, averaging 2.108 % from Dec 1998 (Median) to 2023, with 26 observations. The data reached an all-time high of 3.288 % in 2020 and a record low of 0.880 % in 1998. CN: Insurance Depth: Human data remains active status in CEIC and is reported by National Administration of Financial Regulation. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 2.986 2023 | yearly | 1998 - 2023 |
View China's Insurance Depth: Human from 1998 to 2023 in the chart:
Insurance Depth: Property
CN: Insurance Depth: Property data was reported at 1.079 % in 2023. This records an increase from the previous number of 1.055 % for 2022. CN: Insurance Depth: Property data is updated yearly, averaging 0.946 % from Dec 1998 (Median) to 2023, with 26 observations. The data reached an all-time high of 1.182 % in 2017 and a record low of 0.575 % in 1999. CN: Insurance Depth: Property data remains active status in CEIC and is reported by National Administration of Financial Regulation. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 1.079 2023 | yearly | 1998 - 2023 |
View China's Insurance Depth: Property from 1998 to 2023 in the chart:
China Insurance Industry: Number of Employee
CN: Insurance Industry: No of Employee data was reported at 883.222 Person th in 2015. This records an increase from the previous number of 863.039 Person th for 2014. CN: Insurance Industry: No of Employee data is updated yearly, averaging 467.269 Person th from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 883.222 Person th in 2015 and a record low of 166.602 Person th in 2000. CN: Insurance Industry: No of Employee data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 883.222 2015 | yearly | 1998 - 2015 |
View China's China Insurance Industry: Number of Employee from 1998 to 2015 in the chart:
China Insurance Industry: Number of Employee: Domestic Funded
CN: Insurance Industry: No of Employee: Domestic Funded data was reported at 861.098 Person th in 2015. This records an increase from the previous number of 839.395 Person th for 2014. CN: Insurance Industry: No of Employee: Domestic Funded data is updated yearly, averaging 490.277 Person th from Dec 2000 (Median) to 2015, with 16 observations. The data reached an all-time high of 861.098 Person th in 2015 and a record low of 164.170 Person th in 2000. CN: Insurance Industry: No of Employee: Domestic Funded data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 861.098 2015 | yearly | 2000 - 2015 |
View China's China Insurance Industry: Number of Employee: Domestic Funded from 2000 to 2015 in the chart:
Insurance Industry: Number of Employee: Joint Venture or Foreign Funded
CN: Insurance Industry: No of Employee: Joint Venture or Foreign Funded data was reported at 22.124 Person th in 2015. This records a decrease from the previous number of 23.644 Person th for 2014. CN: Insurance Industry: No of Employee: Joint Venture or Foreign Funded data is updated yearly, averaging 16.270 Person th from Dec 2000 (Median) to 2015, with 16 observations. The data reached an all-time high of 23.644 Person th in 2014 and a record low of 2.432 Person th in 2000. CN: Insurance Industry: No of Employee: Joint Venture or Foreign Funded data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 22.124 2015 | yearly | 2000 - 2015 |
View China's Insurance Industry: Number of Employee: Joint Venture or Foreign Funded from 2000 to 2015 in the chart:
Insurance Industry: Number of Institution
CN: Insurance Industry: No of Institution data was reported at 237.000 Unit in 2022. This records an increase from the previous number of 235.000 Unit for 2021. CN: Insurance Industry: No of Institution data is updated yearly, averaging 130.000 Unit from Dec 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 240.000 Unit in 2019 and a record low of 33.000 Unit in 2000. CN: Insurance Industry: No of Institution data remains active status in CEIC and is reported by National Administration of Financial Regulation. The data is categorized under Global Database’s China – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 237.000 2022 | yearly | 2000 - 2022 |
View China's Insurance Industry: Number of Institution from 2000 to 2022 in the chart:
Insurance Industry: Number of Institution: Domestic Funded
CN: Insurance Industry: No of Institution: Domestic Funded data was reported at 109.000 Unit in 2016. This records an increase from the previous number of 102.000 Unit for 2015. CN: Insurance Industry: No of Institution: Domestic Funded data is updated yearly, averaging 64.000 Unit from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 109.000 Unit in 2016 and a record low of 13.000 Unit in 2000. CN: Insurance Industry: No of Institution: Domestic Funded data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under Global Database’s China – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 109.000 2016 | yearly | 2000 - 2016 |
View China's Insurance Industry: Number of Institution: Domestic Funded from 2000 to 2016 in the chart:
Insurance Industry: Number of Institution: Joint Venture or Foreign Funded
CN: Insurance Industry: No of Institution: Joint Venture or Foreign Funded data was reported at 57.000 Unit in 2016. This records an increase from the previous number of 56.000 Unit for 2015. CN: Insurance Industry: No of Institution: Joint Venture or Foreign Funded data is updated yearly, averaging 48.000 Unit from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 57.000 Unit in 2016 and a record low of 21.000 Unit in 2001. CN: Insurance Industry: No of Institution: Joint Venture or Foreign Funded data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under Global Database’s China – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 57.000 2016 | yearly | 2000 - 2016 |
View China's Insurance Industry: Number of Institution: Joint Venture or Foreign Funded from 2000 to 2016 in the chart:
Life Insurance Company: Annuity Payment
CN: Life Insurance Company: Annuity Payment data was reported at 85,334.320 RMB mn in 2021. This records a decrease from the previous number of 86,415.630 RMB mn for 2020. CN: Life Insurance Company: Annuity Payment data is updated yearly, averaging 16,669.065 RMB mn from Dec 1998 (Median) to 2021, with 24 observations. The data reached an all-time high of 114,544.890 RMB mn in 2018 and a record low of 2,797.970 RMB mn in 1998. CN: Life Insurance Company: Annuity Payment data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 85,334.320 2021 | yearly | 1998 - 2021 |
View China's Life Insurance Company: Annuity Payment from 1998 to 2021 in the chart:
Life Insurance Company: Claim, Casualties & Medical Payment
CN: Life Insurance Company: Claim, Casualties & Medical Payment data was reported at 267,810.750 RMB mn in 2021. This records an increase from the previous number of 227,159.910 RMB mn for 2020. CN: Life Insurance Company: Claim, Casualties & Medical Payment data is updated yearly, averaging 28,048.990 RMB mn from Dec 1997 (Median) to 2021, with 25 observations. The data reached an all-time high of 267,810.750 RMB mn in 2021 and a record low of 1,076.110 RMB mn in 1997. CN: Life Insurance Company: Claim, Casualties & Medical Payment data remains active status in CEIC and is reported by National Administration of Financial Regulation. The data is categorized under Global Database’s China – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 267,810.750 2021 | yearly | 1997 - 2021 |
View China's Life Insurance Company: Claim, Casualties & Medical Payment from 1997 to 2021 in the chart:
Life Insurance Company: Matured Payment
CN: Life Insurance Company: Matured Payment data was reported at 301,217.770 RMB mn in 2021. This records an increase from the previous number of 236,367.060 RMB mn for 2020. CN: Life Insurance Company: Matured Payment data is updated yearly, averaging 94,531.455 RMB mn from Dec 1998 (Median) to 2021, with 24 observations. The data reached an all-time high of 353,168.090 RMB mn in 2016 and a record low of 9,698.400 RMB mn in 2001. CN: Life Insurance Company: Matured Payment data remains active status in CEIC and is reported by National Administration of Financial Regulation. The data is categorized under Global Database’s China – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 301,217.770 2021 | yearly | 1998 - 2021 |
View China's Life Insurance Company: Matured Payment from 1998 to 2021 in the chart:
Life Insurance Company: Policies in Force
CN: Life Insurance Company: Policies in Force data was reported at 1,373,619.800 Unit th in 2021. This records an increase from the previous number of 1,293,961.400 Unit th for 2020. CN: Life Insurance Company: Policies in Force data is updated yearly, averaging 587,636.500 Unit th from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 1,373,619.800 Unit th in 2021 and a record low of 196,736.900 Unit th in 2006. CN: Life Insurance Company: Policies in Force data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 1,373,619.800 2021 | yearly | 2006 - 2021 |
View China's Life Insurance Company: Policies in Force from 2006 to 2021 in the chart:
Life Insurance Company: Surrender
CN: Life Insurance Company: Surrender data was reported at 455,043.000 RMB mn in 2022. This records an increase from the previous number of 354,500.500 RMB mn for 2021. CN: Life Insurance Company: Surrender data is updated yearly, averaging 96,196.500 RMB mn from Dec 1997 (Median) to 2022, with 26 observations. The data reached an all-time high of 721,011.000 RMB mn in 2018 and a record low of 4,594.320 RMB mn in 1997. CN: Life Insurance Company: Surrender data remains active status in CEIC and is reported by National Administration of Financial Regulation. The data is categorized under Global Database’s China – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 455,043.000 2022 | yearly | 1997 - 2022 |
View China's Life Insurance Company: Surrender from 1997 to 2022 in the chart:
China Property Insurance Company: Deposit from Insured
CN: Property Insurance Company: Deposit from Insured data was reported at 151,972.460 RMB mn in 2014. This records an increase from the previous number of 99,617.560 RMB mn for 2013. CN: Property Insurance Company: Deposit from Insured data is updated yearly, averaging 20,148.030 RMB mn from Dec 2001 (Median) to 2014, with 14 observations. The data reached an all-time high of 151,972.460 RMB mn in 2014 and a record low of 2,736.020 RMB mn in 2011. CN: Property Insurance Company: Deposit from Insured data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 151,972.460 2014 | yearly | 2001 - 2014 |
View China's China Property Insurance Company: Deposit from Insured from 2001 to 2014 in the chart:
China Property Insurance Company: Investment from Insured
CN: Property Insurance Company: Investment from Insured data was reported at 128.510 RMB mn in 2014. This records a decrease from the previous number of 136.020 RMB mn for 2013. CN: Property Insurance Company: Investment from Insured data is updated yearly, averaging 445.710 RMB mn from Dec 2008 (Median) to 2014, with 7 observations. The data reached an all-time high of 17,483.050 RMB mn in 2008 and a record low of 128.510 RMB mn in 2014. CN: Property Insurance Company: Investment from Insured data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 128.510 2014 | yearly | 2008 - 2014 |
View China's China Property Insurance Company: Investment from Insured from 2008 to 2014 in the chart:
Property Insurance Company: Number of Claim
CN: Property Insurance Company: No of Claim data was reported at 976,444.600 Unit th in 2021. This records an increase from the previous number of 759,535.600 Unit th for 2020. CN: Property Insurance Company: No of Claim data is updated yearly, averaging 48,043.500 Unit th from Dec 2001 (Median) to 2021, with 21 observations. The data reached an all-time high of 976,444.600 Unit th in 2021 and a record low of 7,297.800 Unit th in 2001. CN: Property Insurance Company: No of Claim data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 976,444.600 2021 | yearly | 2001 - 2021 |
View China's Property Insurance Company: Number of Claim from 2001 to 2021 in the chart:
Property Insurance Company: Outstanding Claim
CN: Property Insurance Company: Outstanding Claim data was reported at 390,286.810 RMB mn in 2021. This records an increase from the previous number of 322,972.030 RMB mn for 2020. CN: Property Insurance Company: Outstanding Claim data is updated yearly, averaging 119,326.120 RMB mn from Dec 2001 (Median) to 2021, with 21 observations. The data reached an all-time high of 415,152.210 RMB mn in 2019 and a record low of 3,482.210 RMB mn in 2001. CN: Property Insurance Company: Outstanding Claim data remains active status in CEIC and is reported by China Banking and Insurance Regulatory Commission. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 390,286.810 2021 | yearly | 2001 - 2021 |