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GuruFocus has detected 5 Warning Signs with WR Berkley Corp $WRB.
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WR Berkley Corp (NYSE:WRB)
Policy Acquisition Expense
$544 Mil (TTM As of Dec. 2016)

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. WR Berkley Corp's policy acquisition expense for the three months ended in Dec. 2016 was $544 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Dec. 2016 was $544 Mil.


Definition

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

WR Berkley Corp Policy Acquisition Expense for the trailing twelve months (TTM) ended in Dec. 2016 was 0 (Mar. 2016 ) + 0 (Jun. 2016 ) + 0 (Sep. 2016 ) + 544.41 (Dec. 2016 ) = $544 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.

WR Berkley Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_PolicyAcquisitionExpense 328000009911,0531,1021,156

WR Berkley Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
IS_PolicyAcquisitionExpense 000000000544
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