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GuruFocus has detected 4 Warning Signs with Assurant Inc $AIZ.
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Assurant Inc (NYSE:AIZ)
Policy Acquisition Expense
$1,351 Mil (TTM As of Dec. 2016)

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Assurant Inc's policy acquisition expense for the three months ended in Dec. 2016 was $344 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Dec. 2016 was $1,351 Mil.


Definition

Expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc.

Assurant Inc Policy Acquisition Expense for the trailing twelve months (TTM) ended in Dec. 2016 was 334.342 (Mar. 2016 ) + 342.64 (Jun. 2016 ) + 330.353 (Sep. 2016 ) + 343.979 (Dec. 2016 ) = $1,351 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Assurant Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_PolicyAcquisitionExpense 1,4300001,3281,4031,4701,4861,4031,351

Assurant Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
IS_PolicyAcquisitionExpense 387387369354341338334343330344
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