Discontinued — last reported Q3 '24

Products & Services · Deferred policy acquisition costs

Traditional life — Deferred policy acquisition costs

Allstate Traditional life — Deferred policy acquisition costs decreased by 97.2% to $3.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 96.5%, from $85.00M to $3.00M.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ3 2024

How to read this metric

An increase suggests higher investment in new business growth, while a decrease may indicate reduced sales activity or a shift in acquisition strategy.

Detailed definition

This metric represents the capitalized costs directly associated with the successful acquisition of new or renewal insur...

Peer comparison

Commonly reported by life insurers as DAC (Deferred Acquisition Costs); peers typically show this as a percentage of new premiums written.

Metric ID: all_segment_traditional_life_deferred_policy_acquisition_costs

Historical Data

9 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$47.00M$79.00M$82.00M$85.00M$85.00M$90.00M$97.00M$106.00M$3.00M
QoQ Change+68.1%+3.8%+3.7%+0.0%+5.9%+7.8%+9.3%-97.2%
YoY Change+68.1%+13.9%+18.3%+24.7%-96.5%
Range$3.00M$106.00M
CAGR-74.7%
Avg YoY Growth+5.7%
Median YoY Growth+18.3%

Frequently Asked Questions

What is Allstate's traditional life — deferred policy acquisition costs?
Allstate (ALL) reported traditional life — deferred policy acquisition costs of $3.00M in Q3 2024.
How has Allstate's traditional life — deferred policy acquisition costs changed year-over-year?
Allstate's traditional life — deferred policy acquisition costs decreased by 96.5% year-over-year, from $85.00M to $3.00M.
What does traditional life — deferred policy acquisition costs mean?
The total amount of upfront costs for acquiring new insurance policies that are spread out over the life of those policies.