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TORM (TRMD) Policy Acquisition Expense


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What is TORM Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


TORM Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TORM PLC (NAS:TRMD) » Definitions » Policy Acquisition Expense
Address
120 Cannon Street, 4th Floor, London, GBR, EC4N 6AS
TORM PLC operates as a shipping company. The company owns and operates product tankers. It is engaged in the transportation of refined oil products The company transports clean petroleum products including gasoline, jet fuel, naphtha, and diesel oil, as well as other clean products. Its segments include the Tanker segment, and Marine Engineering segment. The company derives maximum revenue from Tanker segment.