The Travelers Companies Business Insurance — Amortization of deferred acquisition costs decreased by 2.5% to $938.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $917.00M to $938.00M. Over 3 years (FY 2022 to FY 2025), Business Insurance — Amortization of deferred acquisition costs shows an upward trend with a 10.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to premiums may indicate higher acquisition costs, while a decrease suggests improved efficiency in policy distribution.
This represents the systematic expensing of costs directly related to acquiring new insurance policies, such as commissi...
Standard accounting practice for all insurers under GAAP.
trv_segment_business_insurance_amortization_of_deferred_acquisition_costs| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $697.00M | $697.00M | $697.00M | $697.00M | $793.25M | $793.25M | $793.25M | $793.25M | $864.00M | $861.00M | $930.00M | $933.00M | $917.00M | $944.00M | $973.00M | $962.00M | $938.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.8% | +0.0% | +0.0% | +0.0% | +8.9% | -0.3% | +8.0% | +0.3% | -1.7% | +2.9% | +3.1% | -1.1% | -2.5% |
| YoY Change | — | — | — | — | +13.8% | +13.8% | +13.8% | +13.8% | +8.9% | +8.5% | +17.2% | +17.6% | +6.1% | +9.6% | +4.6% | +3.1% | +2.3% |