Discontinued — last reported Q3 '24
Allstate Traditional life — Deferred policy acquisition costs decreased by 97.2% to $3.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 96.5%, from $85.00M to $3.00M.
An increase suggests higher investment in new business growth, while a decrease may indicate reduced sales activity or a shift in acquisition strategy.
This metric represents the capitalized costs directly associated with the successful acquisition of new or renewal insur...
Commonly reported by life insurers as DAC (Deferred Acquisition Costs); peers typically show this as a percentage of new premiums written.
all_segment_traditional_life_deferred_policy_acquisition_costs| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $47.00M | $79.00M | $82.00M | $85.00M | $85.00M | $90.00M | $97.00M | $106.00M | $3.00M |
| QoQ Change | — | +68.1% | +3.8% | +3.7% | +0.0% | +5.9% | +7.8% | +9.3% | -97.2% |
| YoY Change | — | +68.1% | — | — | — | +13.9% | +18.3% | +24.7% | -96.5% |