China - Internet life ins. premium increases by 13.6% in 2020
Monday, 03 22 2021, Category: Technology, Country: China
According to Xinhua News Agency on the 16th, it was learned from China Insurance Industry Association that the Internet life insurance business will maintain a steady growth in 2020, with a cumulative premium of 211.08 billion yuan, a year-on-year increase of 13.6%. In 2020, the product structure of Internet life insurance will continue to adjust. Among them, life insurance is still the main type of insurance, accounting for 55.6%; annuity insurance accounts for 23.2%, becoming the second largest type of insurance; health insurance accounts for 17.8%, accounting for an increasing proportion in Internet life insurance.