China's premium income hit 936.09 billion yuan (137.1 billion U.S. dollars) in the first 10 months, according to China Insurance Regulatory Commission.

The figure represented an increase of 78 billon yuan, or 9.09 percent, over that in the first nine months.

During January to October period, premium of property and casualty insurance was 243.18 billion yuan, and 692.9 billion yuan, respectively.

Total asset of the country's insurance sector stood at 3.83 trillion yuan by the end of October.