Magazine date:
Oct 2022 
According to GlobalData, the Chinese non-life insurance market [4] turnover would reach 1 943.1 billion CNY (304.4 billion USD) in 2026 against 1 367.7 billion CNY (212.1 billion USD) in 2021.
The average annual growth rate over the period 2021-2026 is estimated at 7.2%.
The premium increase would depend on the evolution of the motor class of business which accounted for 56.8% of the non-life market in 2021. This activity is followed by the personal accident and health (P&H) and property damage classes of business with the respective market shares of 14.7% and 12.7% in 2021.
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