PICC Property and Casualty Co (PICC Property and Casualty Co) Policy Acquisition Expense : $0 Mil (As of Dec. 2023)

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What is PICC Property and Casualty Co Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. PICC Property and Casualty Co's policy acquisition expense for the three months ended in Dec. 2023 was $0 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil.

PICC Property and Casualty Co Policy Acquisition Expense Historical Data

The historical data trend for PICC Property and Casualty 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.

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PICC Property and Casualty Co Policy Acquisition Expense Chart

PICC Property and Casualty Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Policy Acquisition Expense

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11,112.97

10,563.06

195.16

-13,199.08

-13,607.88

PICC Property and Casualty Co Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Policy Acquisition Expense	Get a 7-Day Free Trial															-	-	-	-	-

PICC Property and Casualty 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

PICC Property and Casualty Co (PICC Property and Casualty Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PICC Property and Casualty Co Ltd (OTCPK:PPCCY) » Definitions » Policy Acquisition Expense

Comparable Companies

Traded in Other Exchanges

PPCCF:USA 02328:Hong Kong PJC:Germany

Address

Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District, Beijing, CHN, 100022

Website

https://property.picc.com

Headquartered in Beijing, PICC P&C is China's largest nonlife insurer, commanding over 33% market share in the country. It was founded by the People's Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.

PICC Property and Casualty Co (PICC Property and Casualty Co) Headlines

From GuruFocus

PICC Property and Casualty Co Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 06-10-2021