Discontinued — last reported Q4 '23
Allstate Property and casualty — Deferred policy acquisition costs increased by 9.9% to $5.40B in Q4 2023 compared to the prior quarter.
Higher balances suggest significant recent growth in new business, while lower balances may indicate a shift in sales strategy or policy mix.
Refers to the unamortized portion of costs directly related to the acquisition of new or renewed insurance policies, suc...
Standard metric across the insurance industry, often referred to as 'DAC' (Deferred Acquisition Costs).
all_segment_property_and_casualty_deferred_policy_acquisition_costs| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $4.25B | $4.91B | $5.40B |
| QoQ Change | — | +15.8% | +9.9% |
| YoY Change | — | +15.8% | +9.9% |