Wafa Assurance (CAS:WAA) Policy Acquisition Expense : MAD1,065 Mil (As of Jun. 2023)

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What is Wafa Assurance Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Wafa Assurance's policy acquisition expense for the six months ended in Jun. 2023 was MAD557 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Jun. 2023 was MAD1,065 Mil.

Wafa Assurance Policy Acquisition Expense Historical Data

The historical data trend for Wafa Assurance'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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Wafa Assurance Policy Acquisition Expense Chart

Wafa Assurance Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Policy Acquisition Expense

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733.36

772.29

900.66

930.20

1,026.22

Wafa Assurance Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Policy Acquisition Expense	Get a 7-Day Free Trial															470.35	459.85	517.68	508.54	556.90

Wafa Assurance 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD1,065 Mil.

Wafa Assurance (CAS:WAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Wafa Assurance SA (CAS:WAA) » Definitions » Policy Acquisition Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 bd Abdelmoumen, Casablanca, MAR, 20100

Website

http://www.wafaassurance.ma

Wafa Assurance SA is a Morocco-based company engaged in the provision of the insurance services. The company offers fire and explosion insurance, theft, and sabotage insurance, water damage insurance, machine breakage insurance, and information and electronic equipment insurance. In addition, it also provides insurance to multiple risks, health, professionals, general accidents, property damage and many more.

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