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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
$1,331 Mil (TTM As of Mar. 2017)

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 Mar. 2017 was $315 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2017 was $1,331 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 Mar. 2017 was 342.64 (Jun. 2016 ) + 330.353 (Sep. 2016 ) + 343.979 (Dec. 2016 ) + 314.5 (Mar. 2017 ) = $1,331 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

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_PolicyAcquisitionExpense 387369354341338334343330344315
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