IRB Brasil Resseguros (BSP:IRBR3) Policy Acquisition Expense

: R$-209.18 Mil (As of Dec. 2023)

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Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. IRB Brasil Resseguros's policy acquisition expense for the three months ended in Dec. 2023 was R$-373.61 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-209.18 Mil.

IRB Brasil Resseguros Policy Acquisition Expense Historical Data

The historical data trend for IRB Brasil Resseguros's Policy Acquisition Expense 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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IRB Brasil Resseguros Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Policy Acquisition Expense

162.14

257.37

253.13

-102.68

-209.18

IRB Brasil Resseguros Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Policy Acquisition Expense																-271.63	59.27	54.74	50.41	-373.61

IRB Brasil Resseguros Policy Acquisition Expense Calculation

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

Policy Acquisition Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-209.18 Mil.

IRB Brasil Resseguros (BSP:IRBR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » IRB Brasil Resseguros SA (BSP:IRBR3) » Definitions » Policy Acquisition Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Marechal Camara, 171-Castelo, Rio de Janeiro, RJ, BRA, 20020901

Website

https://www.irbre.com

IRB Brasil Resseguros SA is a Brazil-based company provides reinsurance solutions. It offers reinsurance solutions for aviation, engineering, surety, financial, oil and gas, property, casualty, agricultural, cargo and marine, life and pension, and miscellaneous. The group offers solutions in both Brazil and international regions.

IRB Brasil Resseguros (BSP:IRBR3) Headlines

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