Beijing, November 21 (Xinhua): China's insurance sector saw a constant growth in its total assets in the first nine months, according to the data published by the main regulator of Banking and insurance of the country. .

The total assets of the sector were 22.4 billion yuan (approximately 3.4 trillion US dollars) at the end of September, an increase of 1.9 trillion yuan From the beginning. Of the year, the China Banking and Security Regulatory Commission said.

In the first three quarters of the year, Chinese insurers' income increased 7.2 percent year-round for 3.7 trillion yuan, the data shown.

Compensation expenses totaled 998.9 billion yuan in the same period, 6.1 percent more than a previous year, according to the data. Enditem follow by on Twitter and Facebook to join the" target="_BLANK">conversation. Download applications from ChinaNews

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