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Adamjee Insurance Co (KAR:AICL) Policy Acquisition Expense : ₨560 Mil (As of Jun. 2024)


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What is Adamjee Insurance Co Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Adamjee Insurance Co's policy acquisition expense for the three months ended in Jun. 2024 was ₨305 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₨560 Mil.

Adamjee Insurance Co Policy Acquisition Expense Historical Data

The historical data trend for Adamjee Insurance Co'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.

Adamjee Insurance Co Policy Acquisition Expense Chart

Adamjee Insurance Co 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 - - 167.75 267.70 311.52

Adamjee Insurance Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 270.78 211.04 -264.02 308.70 304.69

Adamjee Insurance Co 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 quarterly data reported by the company within the most recent 12 months, which was ₨560 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.

Adamjee Insurance Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Adamjee Insurance Co Ltd (KAR:AICL) » Definitions » Policy Acquisition Expense
Comparable Companies
KAR:IGIHL KAR:EFUG PGR CB TSE:8766 TRV ALL HKSE:01339 HKSE:02328 TSX:IFC TSX:FFH MKL TSE:8725 WRB CINF ASX:QBE L TSE:8630 ASX:SUN CNA
Traded in Other Exchanges
N/A
Address
Adamjee House, 80/A, Block E-1, Main Boulevard Gulberg-III, Lahore, PAK, 54000
Website
https://www.adamjeeinsurance.com
Adamjee Insurance Co Ltd is an insurance company engaged in providing insurance to various categories of businesses that are Fire and Property, Marine Aviation and Transport, Motor, Accident and Health and Miscellaneous Insurance. Some of AICL's high risk-value projects include the risk-coverage provision to Petrochemical Factories and Industrial Risk projects.

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