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The Travelers (XSGO:TRV) Policy Acquisition Expense : $6,462 Mil (As of Mar. 2024)


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What is The Travelers Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. The Travelers's policy acquisition expense for the three months ended in Mar. 2024 was $1,698 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2024 was $6,462 Mil.

The Travelers Policy Acquisition Expense Historical Data

The historical data trend for The Travelers'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.

The Travelers Policy Acquisition Expense Chart

The Travelers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Policy Acquisition Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,601.00 4,773.00 5,043.00 5,515.00 6,226.00

The Travelers 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,462.00 1,519.00 1,604.00 1,641.00 1,698.00

The Travelers 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 $6,462 Mil.

* 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.

The Travelers (XSGO:TRV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Travelers Companies Inc (XSGO:TRV) » Definitions » Policy Acquisition Expense
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Address
485 Lexington Avenue, New York, NY, USA, 10017
Website
https://www.travelers.com
Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.