Algr Co-operative Insurance Co (SAU:8180) Policy Acquisition Expense : ﷼74.2 Mil (As of Sep. 2024)

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What is Algr Co-operative Insurance Co Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Algr Co-operative Insurance Co's policy acquisition expense for the three months ended in Sep. 2024 was ﷼23.6 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼74.2 Mil.

Algr Co-operative Insurance Co Policy Acquisition Expense Historical Data

The historical data trend for Algr Co-operative 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.

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Algr Co-operative Insurance Co Policy Acquisition Expense Chart

Algr Co-operative Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Policy Acquisition Expense

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26.40

23.35

19.69

63.33

74.50

Algr Co-operative Insurance Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Policy Acquisition Expense	Get a 7-Day Free Trial															24.81	20.98	16.72	12.94	23.57

Algr Co-operative 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼74.2 Mil.

Algr Co-operative Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Sagr Co-operative Insurance Co (SAU:8180) » Definitions » Policy Acquisition Expense

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Traded in Other Exchanges

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Address

P. O. Box 3501, Dammam, SAU, 32241

Website

https://www.alsagr.com

Al Sagr Co-operative Insurance Co is a Saudi Arabia based company involved in insurance sector. The company provides insurance in various areas, including motor, medical, marine, property, engineering, liability, miscellaneous, travel, energy, and medical malpractice.

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