GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PSC Insurance Group Ltd (ASX:PSI) » Definitions » Total Noninterest Expense

PSC Insurance Group (ASX:PSI) Total Noninterest Expense


View and export this data going back to 2015. Start your Free Trial

What is PSC Insurance Group Total Noninterest Expense?

Total Noninterest Expense only applies to banks.


PSC Insurance Group (ASX:PSI) Business Description

Traded in Other Exchanges
N/A
Address
96 Wellington Parade, Level 4, East Melbourne, Melbourne, VIC, AUS, 3002
PSC Insurance Group is an insurance intermediary which owns broker and underwriting businesses in Australia, New Zealand and the U.K. It also runs the third largest broker network in Australia, allowing independent brokers to access support services for a fee. PSC Insurance derives most of its revenue from commissions (from insurers, ultimately paid for by PSC's customers) based on gross written premium. Broker GWP is split between small to medium enterprises (45%), and corporates (55%). The U.K. business spans retail and wholesale broking, underwriting agencies, and managing agents which have the authority to underwrite on behalf of insurers.