Business Segments · Deferred acquisition costs
Bond And Specialty Insurance — Deferred acquisition costs
The Travelers Companies Bond And Specialty Insurance — Deferred acquisition costs increased by 8.0% to $542.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $502.00M to $542.00M.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ4 2025
Rolls up toDeferred acquisition costs
How to read this metric
An increase suggests higher investment in new business acquisition, which should correlate with future premium growth.
Detailed definition
These are costs directly related to the acquisition of new or renewal insurance contracts, such as commissions and under...
Peer comparison
Standard accounting practice for insurance companies under GAAP; comparable across all major insurers.
Metric ID:
trv_segment_bond_specialty_insurance_deferred_acquisition_costsHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $375.00M | $430.00M | $477.00M | $502.00M | $542.00M |
| QoQ Change | — | +14.7% | +10.9% | +5.2% | +8.0% |
| YoY Change | — | +14.7% | +10.9% | +5.2% | +8.0% |
Range$375.00M – $542.00M
CAGR+44.5%
Avg YoY Growth+9.7%
Median YoY Growth+9.4%
Current Streak4+ quarters growth
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Frequently Asked Questions
- What is The Travelers Companies's bond and specialty insurance — deferred acquisition costs?
- The Travelers Companies (TRV) reported bond and specialty insurance — deferred acquisition costs of $542.00M in Q4 2025.
- How has The Travelers Companies's bond and specialty insurance — deferred acquisition costs changed year-over-year?
- The Travelers Companies's bond and specialty insurance — deferred acquisition costs increased by 8.0% year-over-year, from $502.00M to $542.00M.
- What does bond and specialty insurance — deferred acquisition costs mean?
- Costs incurred to acquire new insurance policies that are spread out over the life of the policy.