Business Segments · Deferred Policy Acquisition Cost

Insurance — Deferred Policy Acquisition Cost

W.R. Berkley Insurance — Deferred Policy Acquisition Cost increased by 5.5% to $887.41M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.5%, from $840.92M to $887.41M.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ4 2025

How to read this metric

An increase often signals aggressive growth in new business, while a decrease may indicate a slowdown in policy acquisition.

Detailed definition

This asset represents costs directly related to the acquisition of new insurance contracts, such as commissions and unde...

Peer comparison

Standard accounting practice for insurers, often referred to as 'DAC'.

Metric ID: wrb_segment_insurance_deferred_policy_acquisition_cost

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$566.72M$651.26M$748.13M$840.92M$887.41M
QoQ Change+14.9%+14.9%+12.4%+5.5%
YoY Change+14.9%+14.9%+12.4%+5.5%
Range$566.72M$887.41M
CAGR+56.6%
Avg YoY Growth+11.9%
Median YoY Growth+13.6%
Current Streak4+ quarters growth

Frequently Asked Questions

What is W.R. Berkley's insurance — deferred policy acquisition cost?
W.R. Berkley (WRB) reported insurance — deferred policy acquisition cost of $887.41M in Q4 2025.
How has W.R. Berkley's insurance — deferred policy acquisition cost changed year-over-year?
W.R. Berkley's insurance — deferred policy acquisition cost increased by 5.5% year-over-year, from $840.92M to $887.41M.
What does insurance — deferred policy acquisition cost mean?
Upfront costs to acquire new insurance policies that are spread out over the policy term.