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American International Group (XSGO:AIG) Policy Acquisition Expense : $4,619 Mil (As of Mar. 2024)


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What is American International Group Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. American International Group's policy acquisition expense for the three months ended in Mar. 2024 was $1,104 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2024 was $4,619 Mil.

American International Group Policy Acquisition Expense Historical Data

The historical data trend for American International Group'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.

American International Group Policy Acquisition Expense Chart

American International Group 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 5,164.00 4,211.00 4,524.00 4,557.00 4,808.00

American International Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,293.00 1,190.00 1,190.00 1,135.00 1,104.00

American International Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,619 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.

American International Group (XSGO:AIG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American International Group Inc (XSGO:AIG) » Definitions » Policy Acquisition Expense
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Traded in Other Exchanges
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Address
1271 Avenue of the Americas, New York, NY, USA, 10020
Website
https://www.aig.com
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.