Genworth Financial (FRA:GGK) Policy Acquisition Expense : €1,104 Mil (As of Dec. 2023)

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What is Genworth Financial Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Genworth Financial's policy acquisition expense for the three months ended in Dec. 2023 was €285 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Dec. 2023 was €1,104 Mil.

Genworth Financial Policy Acquisition Expense Historical Data

The historical data trend for Genworth Financial'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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Genworth Financial Policy Acquisition Expense Chart

Genworth Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Policy Acquisition Expense

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1,185.30

1,149.16

1,223.07

1,520.78

1,105.90

Genworth Financial 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															331.57	267.67	274.54	285.19	276.92

Genworth Financial 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 €1,104 Mil.

Genworth Financial (FRA:GGK) Business Description

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GNW:USA

Address

6620 West Broad Street, Richmond, VA, USA, 23230

Website

https://www.genworth.com

Genworth Financial is a diversified insurance holding company that provides various mortgage and life insurance products. The company has three main operating business segments: Enact, U.S. Life Insurance, and Runoff. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. most of the revenue is generated by the company's U.S. life insurance segment that offers long-term care insurance, fixed annuity, and traditional life insurance products. The company earns most of its revenue in the United States.

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