TREE NEWS reports: China’s compulsory auto liability insurance (Jiaoqiangxian) paid out 252.4 billion yuan in 2025, up 11.6% year on year. The number of insured motor vehicles reached 386 million, up 3.8%, with insured automobiles at 347 million, up 3.9%. Total coverage provided by the scheme rose 3.4% to 76.8 trillion yuan.
China’s Compulsory Auto Insurance Payouts Hit 252.4 Billion Yuan in 2025
AI take
The gap between claims growth and exposure growth is the story here: payouts rose 11.6% while insured vehicles grew under 4%, meaning claims intensity is rising faster than the scheme's reach. That matters for how the compulsory layer is priced and reserved against, and for the reinsurance and capital capacity standing behind it. Whether the payout trend continues to outpace vehicle growth — or settles back toward it — is the open question worth watching.
Generated by AI for reference only.
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