Axis Capital Holdings (FRA:AXV) Policy Acquisition Expense : €929 Mil (As of Dec. 2023)

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What is Axis Capital Holdings Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Axis Capital Holdings's policy acquisition expense for the three months ended in Dec. 2023 was €233 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Dec. 2023 was €929 Mil.

Axis Capital Holdings Policy Acquisition Expense Historical Data

The historical data trend for Axis Capital Holdings'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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Axis Capital Holdings Policy Acquisition Expense Chart

Axis Capital Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Policy Acquisition Expense

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922.12

764.06

815.82

964.78

917.87

Axis Capital Holdings 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	Get a 7-Day Free Trial															260.14	215.17	233.76	246.80	232.84

Axis Capital Holdings 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 €929 Mil.

Axis Capital Holdings (FRA:AXV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Axis Capital Holdings Ltd (FRA:AXV) » Definitions » Policy Acquisition Expense

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Traded in Other Exchanges

AXSpE.PFD:USA AXS:USA

Address

92 Pitts Bay Road, Pembroke, BMU, HM 08

Website

https://www.axiscapital.com

Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.

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