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CIC Insurance Group (NAI:CIC) Deferred Policy Acquisition Costs : KES672 Mil (As of Dec. 2022)


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What is CIC Insurance Group Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs represent the costs incurred by insurance companies for policy acquisitions that has not been paid.

CIC Insurance Group's quarterly deferred policy acquisition declined from Dec. 2020 (KES559 Mil) to Dec. 2021 (KES557 Mil) but then increased from Dec. 2021 (KES557 Mil) to Dec. 2022 (KES672 Mil).

CIC Insurance Group Deferred Policy Acquisition Costs Historical Data

The historical data trend for CIC Insurance Group's Deferred Policy Acquisition Costs 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.

CIC Insurance Group Deferred Policy Acquisition Costs Chart

CIC Insurance Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Deferred Policy Acquisition Costs
Get a 7-Day Free Trial Premium Member Only Premium Member Only 527.71 572.52 558.57 557.43 672.18

CIC Insurance Group Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Deferred Policy Acquisition Costs Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 527.71 572.52 558.57 557.43 672.18

CIC Insurance Group (NAI:CIC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » CIC Insurance Group Ltd (NAI:CIC) » Definitions » Deferred Policy Acquisition Costs
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Traded in Other Exchanges
N/A
Address
Mara Road, Upper Hill, P.O. Box 59485, CIC Plaza, Nairobi, KEN, 00200
Website
https://cic.co.ke
CIC Insurance Group Ltd is an insurance company. The Group's reportable segments are long-term business, general insurance business, asset management and other. Its product portfolio consists of General insurance, Life assurance, Health insurance, and Asset management services. It takes the risk for retail, Cooperative societies, and corporate entities.

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