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 Financial Regulatory Administration. 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 Financial Regulatory Administration. 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 Financial Regulatory Administration. 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 3.960 % 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 Financial Regulatory Administration. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 3.960 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 2.908 % 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 Financial Regulatory Administration. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 2.908 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 1.051 % in 2023. This records a decrease 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 Financial Regulatory Administration. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 1.051 2023 | yearly | 1998 - 2023 |
View China's Insurance Depth: Property from 1998 to 2023 in the chart:
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 National Financial Regulatory Administration. 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 Insurance Industry: Number of Employee from 1998 to 2015 in the chart:
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 National Financial Regulatory Administration. 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 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 National Financial Regulatory Administration. 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 242.000 Unit in 2023. This records an increase from the previous number of 237.000 Unit for 2022. CN: Insurance Industry: No of Institution data is updated yearly, averaging 158.000 Unit from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 242.000 Unit in 2023 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 Financial Regulatory Administration. The data is categorized under Global Database’s China – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 242.000 2023 | yearly | 2000 - 2023 |
View China's Insurance Industry: Number of Institution from 2000 to 2023 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 National Financial Regulatory Administration. 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 National Financial Regulatory Administration. 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 87,245.650 RMB mn in 2022. This records an increase from the previous number of 85,334.320 RMB mn for 2021. CN: Life Insurance Company: Annuity Payment data is updated yearly, averaging 17,191.540 RMB mn from Dec 1998 (Median) to 2022, with 25 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 National Financial Regulatory Administration. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 87,245.650 2022 | yearly | 1998 - 2022 |
View China's Life Insurance Company: Annuity Payment from 1998 to 2022 in the chart:
Life Insurance Company: Claim, Casualties & Medical Payment
CN: Life Insurance Company: Claim, Casualties & Medical Payment data was reported at 272,924.800 RMB mn in 2022. This records an increase from the previous number of 267,810.750 RMB mn for 2021. CN: Life Insurance Company: Claim, Casualties & Medical Payment data is updated yearly, averaging 29,625.780 RMB mn from Dec 1997 (Median) to 2022, with 26 observations. The data reached an all-time high of 272,924.800 RMB mn in 2022 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 Financial Regulatory Administration. The data is categorized under Global Database’s China – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 272,924.800 2022 | yearly | 1997 - 2022 |
View China's Life Insurance Company: Claim, Casualties & Medical Payment from 1997 to 2022 in the chart:
Life Insurance Company: Matured Payment
CN: Life Insurance Company: Matured Payment data was reported at 242,218.930 RMB mn in 2022. This records a decrease from the previous number of 301,217.770 RMB mn for 2021. CN: Life Insurance Company: Matured Payment data is updated yearly, averaging 95,694.260 RMB mn from Dec 1998 (Median) to 2022, with 25 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 Financial Regulatory Administration. The data is categorized under Global Database’s China – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 242,218.930 2022 | yearly | 1998 - 2022 |
View China's Life Insurance Company: Matured Payment from 1998 to 2022 in the chart:
Life Insurance Company: Policies in Force
CN: Life Insurance Company: Policies in Force data was reported at 1,327,988.500 Unit th in 2022. This records a decrease from the previous number of 1,373,619.800 Unit th for 2021. CN: Life Insurance Company: Policies in Force data is updated yearly, averaging 612,644.400 Unit th from Dec 2006 (Median) to 2022, with 17 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 National Financial Regulatory Administration. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 1,327,988.500 2022 | yearly | 2006 - 2022 |
View China's Life Insurance Company: Policies in Force from 2006 to 2022 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 Financial Regulatory Administration. 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:
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 National Financial Regulatory Administration. 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 Property Insurance Company: Deposit from Insured from 2001 to 2014 in the chart:
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 National Financial Regulatory Administration. 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 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 1,348,544.000 Unit th in 2022. This records an increase from the previous number of 976,444.600 Unit th for 2021. CN: Property Insurance Company: No of Claim data is updated yearly, averaging 52,628.950 Unit th from Dec 2001 (Median) to 2022, with 22 observations. The data reached an all-time high of 1,348,544.000 Unit th in 2022 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 National Financial Regulatory Administration. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 1,348,544.000 2022 | yearly | 2001 - 2022 |
View China's Property Insurance Company: Number of Claim from 2001 to 2022 in the chart:
Property Insurance Company: Outstanding Claim
CN: Property Insurance Company: Outstanding Claim data was reported at 414,824.800 RMB mn in 2022. This records an increase from the previous number of 390,286.810 RMB mn for 2021. CN: Property Insurance Company: Outstanding Claim data is updated yearly, averaging 126,413.765 RMB mn from Dec 2001 (Median) to 2022, with 22 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 National Financial Regulatory Administration. The data is categorized under China Premium Database’s Insurance Sector – Table CN.RGF: Insurance Industry Overview.
| Last | Frequency | Range |
|---|---|---|
| 414,824.800 2022 | yearly | 2001 - 2022 |