NI Holdings (FRA:4V0) Policy Acquisition Expense : €78.6 Mil (As of Mar. 2024)

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What is NI Holdings Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. NI Holdings's policy acquisition expense for the three months ended in Mar. 2024 was €19.0 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2024 was €78.6 Mil.

NI Holdings Policy Acquisition Expense Historical Data

The historical data trend for NI Holdings's Policy Acquisition 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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NI Holdings Policy Acquisition Expense Chart

NI Holdings Annual Data

Trend

Dec14

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Dec17

Dec18

Dec19

Dec20

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Dec23

Policy Acquisition Expense

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-2.28

42.31

57.15

63.06

76.10

NI Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Policy Acquisition Expense	Get a 7-Day Free Trial															17.36	18.99	19.08	21.52	19.01

NI Holdings Policy Acquisition Expense Calculation

Expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc.

Policy Acquisition 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 €78.6 Mil.

NI Holdings (FRA:4V0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NI Holdings Inc (FRA:4V0) » Definitions » Policy Acquisition Expense

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NODK:USA

Address

1101 First Avenue North, Fargo, ND, USA, 58102

Website

http://www.niholdingsinc.com

NI Holdings Inc is a stockholding company. The company's operating segments include private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, commercial insurance, and others. It generates maximum revenue from the home and farm insurance segment.

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