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China Life Insurance Co (BUE:LFCHY) Unearned Premiums : ARS613,201,952 Mil (As of Mar. 2024)


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What is China Life Insurance Co Unearned Premiums?

China Life Insurance Co's quarterly unearned premiums declined from Sep. 2023 (ARS1,218,512 Mil) to Dec. 2023 (ARS718,946 Mil) but then increased from Dec. 2023 (ARS718,946 Mil) to Mar. 2024 (ARS613,201,952 Mil).

China Life Insurance Co's annual unearned premiums increased from Dec. 2021 (ARS222,963 Mil) to Dec. 2022 (ARS315,211 Mil) and increased from Dec. 2022 (ARS315,211 Mil) to Dec. 2023 (ARS718,946 Mil).

China Life Insurance Co Unearned Premiums Historical Data

The historical data trend for China Life Insurance Co's Unearned Premiums 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.

* Premium members only.

China Life Insurance Co Unearned Premiums Chart

China Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Unearned Premiums
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110,799.80 182,950.37 222,963.49 315,210.94 718,946.25

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
Unearned Premiums Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 919,476.59 1,021,811.38 1,218,512.14 718,946.25 613,201,952.37

China Life Insurance Co Unearned Premiums Calculation

The portion of premium that has not been earned by insurance companies. Insurance companies have to pay them back to the insured if the policies are cancelled.

China Life Insurance Co (BUE:LFCHY) Business Description

Industry
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SHSE:601318 SHSE:601601 SHSE:601336 SZSE:002423 SZSE:000627 HKSE:01299 BOM:543526 MET AFL TSX:MFC PRU TSX:GWO TPE:2881 LSE:PRU TPE:2882 TSE:8750 TSX:POW BOM:540719 BOM:540777 XKRX:032830
Traded in Other Exchanges
CILJF:USA 02628:Hong Kong CHL:Germany 601628:China
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.