Union Assurance (COL:UAL.N0000) Policy Acquisition Expense : රු0 Mil (As of Mar. 2024)

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What is Union Assurance Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Union Assurance's policy acquisition expense for the three months ended in Mar. 2024 was රු0 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2024 was රු0 Mil.

Union Assurance Policy Acquisition Expense Historical Data

The historical data trend for Union 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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Union Assurance Policy Acquisition Expense Chart

Union Assurance Annual Data

Trend

Dec14

Dec15

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Dec17

Dec18

Dec19

Dec20

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Dec22

Dec23

Policy Acquisition Expense

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1,939.90

2,284.06

3,036.78

3,191.14

3,640.33

Union Assurance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Union 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was රු0 Mil.

Union Assurance (COL:UAL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Union Assurance PLC (COL:UAL.N0000) » Definitions » Policy Acquisition Expense

Comparable Companies

Traded in Other Exchanges

N/A

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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