Growth rate of premiums of internet property insurance companies in China 2015-2020
The growth rate of premium income of online property insurance companies in China in 2020 was -4.85 percent. Total premium income in the same year amounted to over 79 billion yuan after the industry had undergone phases of contraction and expansion since 2015. In a global comparison, China had the highest adoption rates in the insurance sector with an adoption rate of 62 percent.