Year-over-year, this metric declined by 100.0%, from $500.00K to $0.00. Over 4 years (FY 2021 to FY 2025), PGIM — Amortization of DAC shows a downward trend with a -100.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Changes in this metric often track with the historical volume of new business and the duration of the existing policy portfolio.
This represents the periodic expense recognized as the company amortizes the deferred policy acquisition costs over the...
Standard accounting practice for insurance companies, often referred to as 'Amortization of Deferred Acquisition Costs'.
pru_segment_pgim_amortization_of_dac| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $6.00M | $3.00M | $2.00M | $2.00M | $0.00 |
| YoY Change | — | -50.0% | -33.3% | +0.0% | -100.0% |