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Stock impact report

China Online Insurance Market Forecast Report, 2024-2029: Technological Adoptions for Data Security and Adoption of AI Creating Lucrative Business Opportunities [Yahoo! Finance]

Huize Holding Limited - American Depositary Shares (HUIZ) 
Company Research Source: Yahoo! Finance
Trends & Statistics, Growth Forecasts (2024-2029)" report has been added to ResearchAndMarkets.com's offering. The China Online Insurance Market size, in terms of gross written premiums value, is expected to grow from USD 707.58 billion in 2024 to USD 986.40 billion by 2029, at a CAGR of 6.87% during the forecast period (2024-2029). The rapid expansion of online insurance in the Chinese market is predominantly due to the growing popularity of internet personal insurance purchases across the country. The fastest-growing insurance was online medical in China. This is majorly due to increased concerns about people's health after the pandemic outbreak. The share of online insurance premiums is expected to grow even further in the coming years as technological innovation and e-commerce continue to develop in China. Insurers are becoming increasingly active in deploying new digital technologies to reinforce their long-term competitive edge. China's insurance regulator is expected to i Show less Read more
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