Updated: 2022-03-13 11:25
Visitors view an electric car made by Beijing Automotive Group Co, Ltd (BAIC Group) during China (Tianjin) Auto Show 2021 in North China’s Tianjin, Sept 29, 2021. [Photo/Xinhua]
BEIJING – The original premium income of China’s automobile insurance sector surged 11.67 percent year-on-year in January, data from the China Passenger Car Association shows.
The total original premium income of the sector stood at 82.8 billion yuan ($13.1 billion) in the period, according to the association.
China’s original insurance premium income hit 979.3 billion yuan in January, up 2.23 percent year-on-year, according to data from the China Banking and Insurance Regulatory Commission.