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GuruFocus has detected 2 Warning Signs with Aflac Inc $AFL.
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Aflac Inc (NYSE:AFL)
Policy Acquisition Expense
$1,143 Mil (TTM As of Mar. 2017)

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Aflac Inc's policy acquisition expense for the three months ended in Mar. 2017 was $294 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2017 was $1,143 Mil.


Definition

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

Aflac Inc Policy Acquisition Expense for the trailing twelve months (TTM) ended in Mar. 2017 was 284 (Jun. 2016 ) + 282 (Sep. 2016 ) + 283 (Dec. 2016 ) + 294 (Mar. 2017 ) = $1,143 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.

Aflac Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_PolicyAcquisitionExpense 6407759429581,0331,1171,0741,1081,0661,141

Aflac Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_PolicyAcquisitionExpense 267277255258276292284282283294
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