Allianzudi Fransi Cooperative Insurance Co (SAU:8040) Policy Acquisition Expense : ﷼27.1 Mil (As of Dec. 2023)

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What is Allianzudi Fransi Cooperative Insurance Co Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Allianzudi Fransi Cooperative Insurance Co's policy acquisition expense for the three months ended in Dec. 2023 was ﷼5.4 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼27.1 Mil.

Allianzudi Fransi Cooperative Insurance Co Policy Acquisition Expense Historical Data

The historical data trend for Allianzudi Fransi Cooperative Insurance Co'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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Allianzudi Fransi Cooperative Insurance Co Policy Acquisition Expense Chart

Allianzudi Fransi Cooperative Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Policy Acquisition Expense

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65.15

55.07

37.67

82.86

76.92

Allianzudi Fransi Cooperative Insurance Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Policy Acquisition Expense	Get a 7-Day Free Trial															13.05	-	-	21.68	5.42

Allianzudi Fransi Cooperative Insurance Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼27.1 Mil.

Allianzudi Fransi Cooperative Insurance Co (SAU:8040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Allianz Saudi Fransi Cooperative Insurance Co (SAU:8040) » Definitions » Policy Acquisition Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khurais Road, P.O. Box 3540, Al Safwa Commercial Building, Riyadh, SAU, 11481

Website

https://www.allianzsf.com

Allianz Saudi Fransi Cooperative Insurance Company is a company that provides comprehensive insurance solutions to individuals and corporate customers. It provides insurance in the areas of aviation, marines, health, motor fleet, engineering, and property and casualty. It has five reportable business segments: Motor insurance provides coverage against loss or damage to the motor vehicles caused by accident, fire, or theft, Health care (medical) products provide medical cover to policyholders; the Protection and saving segment includes a variety of savings products designed to meet the needs of individuals as well as corporate institutions, Shareholders' segment - reporting shareholder operations of the Company and Property and casualty.

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