China’s insurance premiums grow steadily in Q1 2024, but claims surge

Premium increase 5.1% YoY, to 2.2 trillion yuan (US$303.80bn), however claims spike 47.8% to 735.2bn yuan (US$101.49bn), according to NFRA data.

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Chinas insurance premiums grow steadily in q1 2024 but claims surge

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