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Universal Insurance Holdings (STU:5UI) Policy Acquisition Expense : €195 Mil (As of Mar. 2024)


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What is Universal Insurance Holdings Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Universal Insurance Holdings's policy acquisition expense for the three months ended in Mar. 2024 was €50 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2024 was €195 Mil.

Universal Insurance Holdings Policy Acquisition Expense Historical Data

The historical data trend for Universal Insurance Holdings'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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Universal Insurance Holdings Policy Acquisition Expense Chart

Universal Insurance Holdings 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 159.78 163.66 200.16 202.26 190.75

Universal Insurance Holdings 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 48.28 48.00 49.83 46.89 50.44

Universal Insurance Holdings 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 €195 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.

Universal Insurance Holdings (STU:5UI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Universal Insurance Holdings Inc (STU:5UI) » Definitions » Policy Acquisition Expense
Comparable Companies
UFCS ACIC DGICA GBLI PRA HGTY BOW NODK ROOT HRTG PGR CB TSE:8766 TRV ALL TSE:8725 HKSE:01339 HIG HKSE:02328 TSX:IFC
Traded in Other Exchanges
UVE:USA 5UI:Germany
Address
1110 West Commercial Boulevard, Fort Lauderdale, FL, USA, 33309
Website
https://www.universalinsuranceholdings.com
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.

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