Ameriprise Financial Universal Life Insurance — Amortization of deferred acquisition costs increased by 100.0% to $2.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $2.00M to $2.00M. Over 4 years (FY 2021 to FY 2025), Universal Life Insurance — Amortization of deferred acquisition costs shows a downward trend with a -6.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher amortization relative to the asset balance may indicate faster-than-expected policy terminations or changes in profitability assumptions.
The periodic expense recognized to reduce the deferred acquisition cost asset as the related insurance policies earn rev...
Standard expense line item for all life insurance companies with significant DAC balances.
amp_segment_universal_life_insurance_amortization_of_deferred_acquisition_costs| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $2.25M | $2.25M | $2.25M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $1.00M | $2.00M | $2.00M | $2.00M | $1.00M | $2.00M |
| QoQ Change | — | +0.0% | +0.0% | -11.1% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -50.0% | +100.0% | +0.0% | +0.0% | -50.0% | +100.0% |
| YoY Change | — | — | — | — | -11.1% | -11.1% | -11.1% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -50.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |