China Life Insurance Co (China Life Insurance Co) Net Policyholder Benefits/Claims : $19,070 Mil (As of Mar. 2024)

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What is China Life Insurance Co Net Policyholder Benefits/Claims?

Policyholder benefits & claims is the fund paid out by insurances companies to cover the insurance losses, liabilities and expenses. China Life Insurance Co's policyholder benefits & claims for the three months ended in Mar. 2024 was $0 Mil. Its policyholder benefits & claims for the trailing twelve months (TTM) ended in Mar. 2024 was $19,070 Mil.

China Life Insurance Co's quarterly policyholder benefits & claims declined from Sep. 2023 ($6,279 Mil) to Dec. 2023 ($6,172 Mil) and declined from Dec. 2023 ($6,172 Mil) to Mar. 2024 ($0 Mil).

China Life Insurance Co's annual policyholder benefits & claims declined from Dec. 2021 ($26,916 Mil) to Dec. 2022 ($24,393 Mil) but then increased from Dec. 2022 ($24,393 Mil) to Dec. 2023 ($30,226 Mil).

China Life Insurance Co Net Policyholder Benefits/Claims Historical Data

The historical data trend for China Life Insurance Co's Net Policyholder Benefits/Claims 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 Net Policyholder Benefits/Claims Chart

China Life Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Policyholder Benefits/Claims

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24,879.31

24,724.82

26,916.15

24,392.90

30,226.32

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
Net Policyholder Benefits/Claims	Get a 7-Day Free Trial															11,395.61	6,619.24	6,278.93	6,172.10	-

China Life Insurance Co Net Policyholder Benefits/Claims Calculation

Fund paid out by insurances companies to cover the insurance losses, liabilities and expenses.

Net Policyholder Benefits/Claims 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 $19,070 Mil.

China Life Insurance Co (China Life Insurance Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Life Insurance Co Ltd (OTCPK:LFCHY) » Definitions » Net Policyholder Benefits/Claims

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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.