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Jubilee Life Insurance Co (KAR:JLICL) Policy Acquisition Expense : ₨3,762 Mil (As of Mar. 2024)


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What is Jubilee Life Insurance Co Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Jubilee Life Insurance Co's policy acquisition expense for the three months ended in Mar. 2024 was ₨260 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨3,762 Mil.


Jubilee Life Insurance Co Policy Acquisition Expense Historical Data

The historical data trend for Jubilee Life Insurance Co'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.

* Premium members only.

Jubilee Life Insurance Co Policy Acquisition Expense Chart

Jubilee Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Policy Acquisition Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,060.49 868.53 933.37 1,173.61 1,228.84

Jubilee Life Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Policy Acquisition Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 266.78 1,611.67 1,556.86 333.28 260.47

Jubilee Life Insurance Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨3,762 Mil.

* 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.


Jubilee Life Insurance Co (KAR:JLICL) Business Description

Traded in Other Exchanges
N/A
Address
M.T. Khan Road, 74/1- A, Lalazar, Jubilee Life Insurance Building, Karachi, SD, PAK, 74000
Jubilee Life Insurance Co Ltd is engaged in life insurance, carrying on non-participating business. It operates through seven segments, namely Individual Life Unit Linked, Conventional Business, Accident & Health Business, Overseas Group Life & Health Business, Individual Family Takafu, Group Family Takaful, and Accident & Health Family Takaful. The company generates the majority of its revenue from the Individual Life Unit Linked segment. Individual life contracts are mainly regular premium unit-linked policies, where policy value is determined as per the underlying assets' value.

Jubilee Life Insurance Co (KAR:JLICL) Headlines

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