Union Assurance (COL:UAL.N0000) Net Policyholder Benefits/Claims : රු6,496 Mil (As of Mar. 2024)

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What is Union Assurance Net Policyholder Benefits/Claims?

Policyholder benefits & claims is the fund paid out by insurances companies to cover the insurance losses, liabilities and expenses. Union Assurance's policyholder benefits & claims for the three months ended in Mar. 2024 was රු1,443 Mil. Its policyholder benefits & claims for the trailing twelve months (TTM) ended in Mar. 2024 was රු6,496 Mil.

Union Assurance's quarterly policyholder benefits & claims declined from Sep. 2023 (රු2,087 Mil) to Dec. 2023 (රු1,744 Mil) and declined from Dec. 2023 (රු1,744 Mil) to Mar. 2024 (රු1,443 Mil).

Union Assurance's annual policyholder benefits & claims increased from Dec. 2021 (රු5,002 Mil) to Dec. 2022 (රු5,199 Mil) and increased from Dec. 2022 (රු5,199 Mil) to Dec. 2023 (රු6,628 Mil).

Union Assurance Net Policyholder Benefits/Claims Historical Data

The historical data trend for Union Assurance's Net Policyholder Benefits/Claims 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.

Union Assurance Net Policyholder Benefits/Claims Chart

Union Assurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Net Policyholder Benefits/Claims

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3,668.35

3,688.51

5,001.94

5,199.27

6,628.06

Union Assurance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Policyholder Benefits/Claims	Get a 7-Day Free Trial															1,574.29	1,222.85	2,086.97	1,743.95	1,442.69

Union Assurance Net Policyholder Benefits/Claims Calculation

Fund paid out by insurances companies to cover the insurance losses, liabilities and expenses.

Net Policyholder Benefits/Claims 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 රු6,496 Mil.

Union Assurance (COL:UAL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Union Assurance PLC (COL:UAL.N0000) » Definitions » Net Policyholder Benefits/Claims

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Traded in Other Exchanges

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Address

No. 20, St. Michael's Road, Union Assurance Centre, Colombo, LKA, 03

Website

https://www.unionassurance.com

Union Assurance PLC is engaged in the Life insurance business. It provides Life insurance solutions for both Individual and corporate customers. The company's operating segment includes the Policyholder Fund and Shareholder Fund. It generates maximum revenue from the Policyholder Fund segment. UA maintains five separate policy holder funds according to the following product types: Participating, Non-participating, Universal life, Unit linked, and Non-unit linked.

Union Assurance (COL:UAL.N0000) Headlines

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