Bupa Arabia for Cooperative Insurance Co (SAU:8210) Policy Acquisition Expense : ﷼183 Mil (As of Dec. 2023)

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What is Bupa Arabia for Cooperative Insurance Co Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Bupa Arabia for Cooperative Insurance Co's policy acquisition expense for the three months ended in Dec. 2023 was ﷼0 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼183 Mil.

Bupa Arabia for Cooperative Insurance Co Policy Acquisition Expense Historical Data

The historical data trend for Bupa Arabia for 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.

* Premium members only.

Bupa Arabia for Cooperative Insurance Co Policy Acquisition Expense Chart

Bupa Arabia for Cooperative Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Policy Acquisition Expense

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463.54

630.73

343.43

578.16

Bupa Arabia for 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															167.74	-	-	182.84	-

Bupa Arabia for 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 ﷼183 Mil.

Bupa Arabia for Cooperative Insurance Co (SAU:8210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Bupa Arabia for Cooperative Insurance Co (SAU:8210) » Definitions » Policy Acquisition Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Saud Al Fasial Street, P.O. Box 23807, Front of Saudi Airlines Cargo Building, Al-Khalediyah District, Jeddah, SAU, 21436

Website

https://www.bupa.com.sa

Bupa Arabia for Cooperative Insurance Co is a special-purpose insurance company based in Saudi Arabia. The Company issues short-term insurance contracts for providing health care services (medical insurance). All the insurance operations of the Group are carried out in the Kingdom of Saudi Arabia. The company operates in two customer categories namely major customers and non- major customers. It derives a majority of its premium from major customers. major customers represent members of large corporations.

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