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

China Life Insurance Co (SHSE:601628) Unearned Premiums : ¥5,241,512 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is China Life Insurance Co Unearned Premiums?

China Life Insurance Co's quarterly unearned premiums declined from Sep. 2023 (¥25,411 Mil) to Dec. 2023 (¥14,220 Mil) but then increased from Dec. 2023 (¥14,220 Mil) to Mar. 2024 (¥5,241,512 Mil).

China Life Insurance Co's annual unearned premiums declined from Dec. 2021 (¥14,062 Mil) to Dec. 2022 (¥13,108 Mil) but then increased from Dec. 2022 (¥13,108 Mil) to Dec. 2023 (¥14,220 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 13,001.00 14,701.00 14,062.00 13,108.00 14,220.00

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
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 32,073.00 30,490.00 25,411.00 14,220.00 5,241,512.00

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 (SHSE:601628) Business Description

Traded in Other Exchanges
Address
No. 16, Financial Street, Xicheng District, Beijing, CHN, 100033
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

No Headlines