In 2025, China's insurance industry will see a year-on-year increase of 40.1% in underwriting new energy vehicles.
Sina Finance, March 31st news, the China Association of Actuaries and China Bank Insurance Information Technology Management Co., Ltd. released information on China's new energy vehicle insurance payments in 2025. Data shows: In 2025, China's insurance industry will underwrite 43.58 million new energy vehicles, an increase of 12.48 million vehicles from the previous year, a growth of 40.1%; premium income 190 billion yuan, providing risk protection amounting to 1.59 trillion yuan; underwriting losses are 5.6 billion yuan, a decrease of 1 billion yuan compared to the previous year; comprehensive cost ratio decreased by 1.3 percentage points compared to the previous year. The number of new energy vehicles types is 429, including 370 passenger cars and 59 trucks.
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