China Life Insurance Co (SHSE:601628) Other Expense : ¥564,250 Mil (As of Mar. 2024)

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What is China Life Insurance Co Other Expense?

China Life Insurance Co's Other Expense for the three months ended in Mar. 2024 was ¥819 Mil. Its Other Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥564,250 Mil.

China Life Insurance Co Other Expense Historical Data

The historical data trend for China Life Insurance Co's Other Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Life Insurance Co Other Expense Chart

China Life Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Expense

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459,701.00

560,785.00

583,308.00

585,985.00

560,484.00

China Life Insurance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Expense	Get a 7-Day Free Trial															-71,410.00	393,306.00	104,792.00	65,333.00	819.00

China Life Insurance Co Other Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For insurance companies, GuruFocus lists Selling, General, & Admin. Expense, Net Policyholder Benefits/Claims, Policy Acquisition Expense, Interest Expense (Positive) and Other Expense under the "Total Expenses" sections.

Other Expense incurred by insurance companies sometimes includes:
Underwriting Expenses
Fees and Commission Expense
Impairment Of Capital Assets
WriteOff
Other (too numerous to list)
Some insurance companies can do choose to report each of these items separately. Yet, there are a variety of other expense which are simply too numerous to list.

Other Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥564,250 Mil.

China Life Insurance Co Other Expense Related Terms

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China Life Insurance Co (SHSE:601628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Life Insurance Co Ltd (SHSE:601628) » Definitions » Other Expense

Comparable Companies

Traded in Other Exchanges

CILJF:USA 02628:Hong Kong CHL:Germany

Address

No. 16, Financial Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.e-chinalife.com

With headquarters in Beijing and commanding about 20% market share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.

China Life Insurance Co (SHSE:601628) Headlines

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