The document discusses the auto insurance market in China. It notes that the market size has grown significantly in recent years, reaching 834.5 billion RMB in revenue in 2018. However, road safety issues and accidents remain a concern, motivating higher demand for auto insurance among car owners. Major drivers of the market include China's position as the world's largest vehicle market, the increasing adoption of online insurance platforms, and growing public awareness around road safety.
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August. 2019
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1
THE AUTO INSURANCE
MARKET IN CHINA