Since the reform and opening-up, China's insurance industry has experienced rapid growth, playing a significant role in compensating for disaster losses, maintaining social stability, and supporting economic development. The industry's remarkable progress is reflected in three aspects:
- First, rapid increase in the number of insurance institutions. The number of insurance companies in China surged from 1 in 1980 to over 200.
- Second, rapid growth in premium income. National premium income rose from 460 million yuan in 1980 to 4.49 trillion yuan in 2021, multiplying several times over 40 years.
- Third, rapid expansion of insurance assets. By 2021, total assets in China's insurance industry reached 24.8874 trillion yuan, an 11.5% increase from the beginning of the year, maintaining a high asset growth rate.
To standardize the domestic insurance market, the China Insurance Regulatory Commission (CIRC) uniformly designs and prints insurance licenses, authorizing licenses for insurance holding companies, insurance group companies, insurance companies, insurance asset management companies, insurance brokerage firms, and insurance assessment companies engaged in insurance business. These licenses adopt a national unified coding system and require the CIRC's official seal to take effect. Insurance holding companies, insurance group companies, and their subsidiaries not engaged in insurance or insurance asset management businesses are exempt from obtaining licenses.
The CnOpenData Complete Dataset of China's Insurance Agency Outlets collects information on outlet distribution, loss of control, and exit, including fields such as institution name, code, business scope, and pre- and post-change address information. This provides reliable data support for research on China's insurance institutions.
Time Period
Cutoff date: May 2020
(Can be updated as needed)
Data Scale
Field Display
Sample Data
China Insurance Agency Outlet Distribution Information Table
China Insurance Agency Outlet Loss of Control Information Table
China Insurance Agency Outlet Exit Information Table
Data Update Frequency
Annual updates