The Chinese Insurance Association stated that local insurers paid out 347 million CNY (49 million USD) in compensation for claims pertaining to COVID-19 [4].
With 224 million CNY (31.71 million USD) in compensations, life insurance companies have made the largest payments while the non-life insurers have only allocated 123 million CNY (17.41 million USD) up to now.
Links:
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[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fcoronavirus-chinese-insurers-claim-payouts-reach-49-million-usd&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/insurers-facing-the-pandemic
[4] https://www.atlas-mag.net/en/article/coronavirus-toll-and-consequences