Compared with developed countries, the insurance industry in China started late and developed relatively slowly. However, in recent years, in view of the state's emphasis on the insurance industry, the insurance industry has developed very rapidly in China.

According to the analysis report of China insurance industry market prospect and investment planning, from 20 1 1 to 20 16, the total assets of insurance industry increased from 5.98 trillion yuan to 15. 12 trillion yuan, with an average annual growth rate of 20.37%. By the first half of this year, the insurance industry had realized the original insurance premium income of 2.314010.5 billion yuan, up 23.00% year-on-year, and still maintained a relatively fast growth rate, but the growth rate decreased by 14.29 percentage points year-on-year.

Overall, the future prospects of the insurance industry are promising.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.