Union Insurance Co (ADX:UNION) Other Expense : د.إ-296.2 Mil (As of Mar. 2024)

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What is Union Insurance Co Other Expense?

Union Insurance Co's Other Expense for the three months ended in Mar. 2024 was د.إ-123.0 Mil. Its Other Expense for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ-296.2 Mil.

Union Insurance Co Other Expense Historical Data

The historical data trend for Union Insurance Co's Other 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.

Union Insurance Co Other Expense Chart

Union Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Expense

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244.18

229.80

197.68

-449.77

-308.36

Union Insurance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Expense	Get a 7-Day Free Trial															-135.12	-70.01	-42.17	-61.06	-122.97

Union Insurance Co Other Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For insurance companies, GuruFocus lists Selling, General, & Admin. Expense, Net Policyholder Benefits/Claims, Policy Acquisition Expense, Interest Expense (Positive) and Other Expense under the "Total Expenses" sections.

Other Expense incurred by insurance companies sometimes includes:
Underwriting Expenses
Fees and Commission Expense
Impairment Of Capital Assets
WriteOff
Other (too numerous to list)
Some insurance companies can do choose to report each of these items separately. Yet, there are a variety of other expense which are simply too numerous to list.

Other 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 د.إ-296.2 Mil.

Union Insurance Co Other Expense Related Terms

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Union Insurance Co (ADX:UNION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Union Insurance Co (ADX:UNION) » Definitions » Other Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, P.O Box 119227, Single Business Tower, Dubai, ARE

Website

https://www.unioninsurance.ae

Union Insurance Co is a UAE-based insurance company. It is engaged in the underwriting of all types of insurance. It operates in two segments, including the General Insurance and Life assurance segment. The general insurance segment includes auto, marine, engineering, corporate travel, employee benefit, healthcare, fire, and general accident insurance. The life segment includes group life, credit life, and individual life. The company generates the majority of its revenue from the General insurance segment. The geographical segments include the United Arab Emirates, GCC Countries, and Others.

Union Insurance Co (ADX:UNION) Headlines

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