Meritz Fire & Marine Insurance Co (XKRX:000060) Deferred Policy Acquisition Costs : ₩2,127,127 Mil (As of Sep. 2022)

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What is Meritz Fire & Marine Insurance Co Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs represent the costs incurred by insurance companies for policy acquisitions that has not been paid.

Meritz Fire & Marine Insurance Co's quarterly deferred policy acquisition declined from Mar. 2022 (₩2,181,713 Mil) to Jun. 2022 (₩2,159,833 Mil) and declined from Jun. 2022 (₩2,159,833 Mil) to Sep. 2022 (₩2,127,127 Mil).

Meritz Fire & Marine Insurance Co Deferred Policy Acquisition Costs Historical Data

The historical data trend for Meritz Fire & Marine Insurance Co's Deferred Policy Acquisition Costs 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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Meritz Fire & Marine Insurance Co Deferred Policy Acquisition Costs Chart

Meritz Fire & Marine Insurance Co Annual Data

Trend

Mar12

Mar13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Deferred Policy Acquisition Costs

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1,267,250.00

1,426,313.36

1,769,028.84

2,095,258.62

2,196,200.20

Meritz Fire & Marine Insurance Co Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Deferred Policy Acquisition Costs	Get a 7-Day Free Trial															2,194,593.74	2,196,200.20	2,181,712.82	2,159,833.20	2,127,126.58

Meritz Fire & Marine Insurance Co (XKRX:000060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Meritz Fire & Marine Insurance Co Ltd (XKRX:000060) » Definitions » Deferred Policy Acquisition Costs

Comparable Companies

Traded in Other Exchanges

N/A

Address

382 Gangnamdae-ro, Meritz Tower, Gangnam-gu, Seoul, KOR

Website

http://www.meritzfire.com

Meritz Fire & Marine Insurance Co Ltd is a property and casualty insurance company. The company operates one segment that focuses on property and casualty insurance products in Korea. The company offers automobile insurance, life and health insurance, and commercial liability insurance products. Meritz generates all of its revenue in South Korea. Meritz also provides child insurance, cancer insurance, and assurance analysis services. The company considers merger and acquisition investment as a component of its operational growth strategy.

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