CVS Health Deferred policy acquisition costs increased by 2.4% to $1.88B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $1.69B to $1.88B. Over 3 years (FY 2021 to FY 2024), Deferred policy acquisition costs shows an upward trend with a 25.7% CAGR.
An increase suggests strong new business production, while a decrease may indicate a slowdown in new policy acquisition.
These are the incremental costs directly related to acquiring new insurance contracts, such as commissions and underwrit...
Standard across the insurance industry, though amortization periods vary by product type.
ins_deferred_policy_acquisition_costs| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $879.00M | $971.00M | $1.06B | $1.14B | $1.22B | $1.29B | $1.37B | $1.44B | $1.50B | $1.56B | $1.63B | $1.69B | $1.75B | $1.79B | $1.84B | $1.88B |
| QoQ Change | — | +10.5% | +8.7% | +8.0% | +7.0% | +5.8% | +5.8% | +5.3% | +4.5% | +3.9% | +4.3% | +3.9% | +3.4% | +2.7% | +2.4% | +2.4% |
| YoY Change | — | — | — | — | +38.7% | +32.9% | +29.4% | +26.2% | +23.2% | +20.9% | +19.2% | +17.6% | +16.3% | +15.0% | +12.9% | +11.3% |