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UIL Finance (LSE:UTLI) Policy Acquisition Expense


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What is UIL Finance Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


UIL Finance Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
UIL Finance Ltd is a closed-ended investment company. Its investment objective is to finance and fund the final capital entitlements of the zero dividend preference (ZDP) shares. It seeks to fund the final capital entitlements of the ZDP shares by lending current asset funds to its parent company. The company is exempt from taxation, except insofar as it is withheld from income received.