Online property insurance premiums down 5%
Posted On: Apr. 5, 2021 9:50 AM CSTThe Insurance Association of China said that the premiums of online property insurance fell nearly 5% year-on-year to about 79.8 billion Chinese yuan ($12.2 billion) in 2020, Big News Network reported citing Xinhua. The industry had underwritten nearly 28 billion contracts as of 2020, down nearly 1% year-on-year.