News eCin15 Jun 2018

Non-motor business gains market share in first 4 months of this year

| 15 Jun 2018

Non-auto property insurance business soared by 37.17% to CNY149.15 billion ($23.3 billion) for the first four months of this year, compared to the corresponding period in 2017, according to data from the CBIRC. This segment accounted for 36.84% of the total premiums of non-life insurers, an increase of 5.65 percentage points year-on-year.

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