Gulf Insurance Group (SAU:8250) Other Expense : ﷼233 Mil (As of Mar. 2024)

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What is Gulf Insurance Group Other Expense?

Gulf Insurance Group's Other Expense for the three months ended in Mar. 2024 was ﷼-95 Mil. Its Other Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼233 Mil.

Gulf Insurance Group Other Expense Historical Data

The historical data trend for Gulf Insurance Group's Other 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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Gulf Insurance Group Other Expense Chart

Gulf Insurance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Expense

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210.56

216.12

58.25

-480.87

-502.92

Gulf Insurance Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Expense	Get a 7-Day Free Trial															23.24	-6.80	-79.01	413.25	-94.77

Gulf Insurance Group Other Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For insurance companies, GuruFocus lists Selling, General, & Admin. Expense, Net Policyholder Benefits/Claims, Policy Acquisition Expense, Interest Expense (Positive) and Other Expense under the "Total Expenses" sections.

Other Expense incurred by insurance companies sometimes includes:
Underwriting Expenses
Fees and Commission Expense
Impairment Of Capital Assets
WriteOff
Other (too numerous to list)
Some insurance companies can do choose to report each of these items separately. Yet, there are a variety of other expense which are simply too numerous to list.

Other 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 ﷼233 Mil.

Gulf Insurance Group Other Expense Related Terms

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Gulf Insurance Group (SAU:8250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gulf Insurance Group (SAU:8250) » Definitions » Other Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Abdullah Road, P.O. Box 753, Al Nuzha District, Riyadh, SAU, 11421

Website

https://www.gig.sa

Gulf Insurance Group operates in the insurance industry. The company's line of business includes health, motor, marine, property, engineering, accident, liability, and protection insurance. It has various segments which include Motor, Property and Casualty, Health, and Protection. The majority of the revenue is generated from its Motor insurance segment which is intended to compensate the policyholder for damage to the vehicle or liability to third parties due to an accident.

Gulf Insurance Group (SAU:8250) Headlines

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