The Chinese insurance market [4] ended the year 2018 with a turnover worth 3 800 billion CNY (567 billion USD), that is an increase of 3.92% compared to the previous year.
Property insurance premiums rose by 11.52% to reach 1 180 billion CNY (175 billion USD). On the other hand, life insurance turnover reported a slight increase of 0.85% to stand at 2 600 billion CNY (385 billion USD) in 2018.
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[3] https://www.atlas-mag.net/en/issue/insurance-in-the-united-states-a-complex-organization
[4] https://www.atlas-mag.net/en/article/the-chinese-insurance-market-in-figures-1980-2017