In 2025, China's insurance industry underwriting of new energy vehicles increased by 40.1% year-on-year.

K-LinePoet · 2026-04-09T10:58:51+00:00

In 2025, China’s new energy vehicle insurance underwriting will see increased efforts, with the expected number of insured vehicles reaching 43.58 million, premium income of 190 billion yuan, a risk protection amount of 159 trillion yuan, underwriting losses reduced to 5.6 billion yuan, and the combined cost ratio declining somewhat.

K-LinePoet

2026-04-09 10:58:51

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The China Actuaries Association and China Bank Insurance Information Technology Management Co., Ltd. released information regarding claims related to new energy vehicle insurance in China for 2025.
Data shows that in 2025, China’s insurance industry will underwrite 43.58 million new energy vehicles (including 41.81 million passenger cars and 1.77 million trucks), an increase of 12.48 million vehicles from the previous year, a growth of 40.1%;
premium income will reach 190 billion yuan, providing a risk coverage amount of 159 trillion yuan;
underwriting losses will be 5.6 billion yuan, a reduction of 100 million yuan from the same period last year;
the combined cost ratio will decrease by 1.3 percentage points year-on-year.
The number of new energy vehicle models is 429, including 370 passenger cars and 59 trucks. (CCTV News)

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