Discontinued — last reported Q4 '20
Higher amortization may reflect higher past sales volume or accelerated policy lapses, while lower amortization may indicate slower growth or improved persistency.
This represents the systematic expensing of costs incurred to acquire new life insurance policies over the expected life...
Standard accounting practice for life insurers, comparable to 'DAC amortization' reported by all life insurance peers.
all_segment_allstate_life_amortization_of_dac