China's auto insurance premium sees steady growth in January

BEIJING - The original premium income of China's automobile insurance sector surged 11.67 percent year-on-year in January, data from the China Passenger Car Association shows.

The total original premium income of the sector stood at 82.8 billion yuan ($13.1 billion) in the period, according to the association.

China's original insurance premium income hit 979.3 billion yuan in January, up 2.23 percent year-on-year, according to data from the China Banking and Insurance Regulatory Commission.