GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hiscox Ltd (FRA:H2X3) » Definitions » Policy Acquisition Expense

Hiscox (FRA:H2X3) Policy Acquisition Expense : €969 Mil (As of Jun. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Hiscox Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Hiscox's policy acquisition expense for the six months ended in Jun. 2024 was €441 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Jun. 2024 was €969 Mil.


Hiscox Policy Acquisition Expense Historical Data

The historical data trend for Hiscox'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.

* Premium members only.

Hiscox Policy Acquisition Expense Chart

Hiscox Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Policy Acquisition Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 850.41 824.38 900.84 949.19 952.76

Hiscox Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Policy Acquisition Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 441.50 508.63 428.00 527.55 441.37

Hiscox 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €969 Mil.

* 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.


Hiscox Business Description

Traded in Other Exchanges
Address
96 Pitts Bay Road, Chesney House, Pembroke, BMU, HM 08
Hiscox Ltd is a property and casualty insurance company that operates globally. The company works to build a balance between catastrophe-exposed businesses and less volatile local specialty businesses. Its product range includes property, casualty, crisis management (including terrorism and kidnap and ransom), marine, energy, and specialty areas such as space insurance. The company's operating segments include Hiscox Retail, Hiscox London Market, Hiscox Re & ILS. The majority of the revenue is generated from its Hiscox Retail segment which represents retail business divisions in the UK, Europe, USA, and Asia. Geographically, the company derives insurance revenue from locations such as the United States which generates key revenue, United Kingdom, Europe, and other regions.

Hiscox Headlines

No Headlines