Wataniya Insurance Co (SAU:8300) Policy Acquisition Expense : ﷼187 Mil (As of Mar. 2024)

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What is Wataniya Insurance Co Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Wataniya Insurance Co's policy acquisition expense for the three months ended in Mar. 2024 was ﷼44 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼187 Mil.

Wataniya Insurance Co Policy Acquisition Expense Historical Data

The historical data trend for Wataniya 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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Wataniya Insurance Co Policy Acquisition Expense Chart

Wataniya Insurance Co Annual Data

Trend

Dec14

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Dec23

Policy Acquisition Expense

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65.02

60.58

66.98

104.27

172.32

Wataniya Insurance Co 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															29.69	42.62	42.27	57.75	44.22

Wataniya 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼187 Mil.

Wataniya Insurance Co (SAU:8300) Business Description

Industry

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Traded in Other Exchanges

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Address

Madina Road, Before Emirate of Makkah Region, E.A. Juffali & Brothers H.O. Building, P.O. Box 5832, Jeddah, SAU, 21432

Website

https://www.wataniya.com.sa

Wataniya Insurance Co is a Saudi Arabia-based company that engages in the provision of insurance and reinsurance services. Its insurance products include Motor, Property, Engineering, Accident and liability, Marine, Term life, and Extended warranty. The company derives key revenue from the Motor segment which provides coverage against losses and liability related to motor vehicles.

Wataniya Insurance Co (SAU:8300) Headlines

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