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Kuwait Insurance Co (KUW:KINS) Policy Acquisition Expense : KWD9.01 Mil (As of Mar. 2024)


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What is Kuwait Insurance Co Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Kuwait Insurance Co's policy acquisition expense for the three months ended in Mar. 2024 was KWD2.52 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD9.01 Mil.

Kuwait Insurance Co Policy Acquisition Expense Historical Data

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

Kuwait Insurance Co 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 - - - 4.39 7.62

Kuwait 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 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 1.13 1.84 1.33 3.32 2.52

Kuwait 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 KWD9.01 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.

Kuwait Insurance Co (KUW:KINS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Kuwait Insurance Co (KUW:KINS) » Definitions » Policy Acquisition Expense
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KUW:AINS KUW:WINSRE KUW:FTI KUW:WETHAQ BRK.A XTER:ALV XSWX:ZURN XPAR:CS AIG ACGL MIL:G TSX:SLF HIG OHEL:SAMPO XSWX:SLHN XTER:TLX LSE:AV. BSP:BBSE3 OCSE:TRYG XAMS:AGN
Traded in Other Exchanges
N/A
Address
Abdullah Al Salem Street, P.O. Box 769, Kuwait Insurance House, Safat, Kuwait City, KWT, 13008
Website
http://www.kic-kw.com
Kuwait Insurance Co underwrites life and non-life insurance risks such as fire, general accidents, marine and aviation and others, lends funds against life insurance policies and invests in permitted securities and real estate properties. It provides many Marine Insurance Services required for individuals and groups, to compensate for loss of and/or damage to the insured goods during transportation from one place to another.