Ameriprise Financial Variable Annuity — Amortization of deferred acquisition costs decreased by 3.6% to $27.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.6%, from $28.00M to $27.00M. Over 4 years (FY 2021 to FY 2025), Variable Annuity — Amortization of deferred acquisition costs shows a downward trend with a -6.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Higher amortization may signal a reduction in the expected life of policies or a change in profitability assumptions, potentially impacting near-term earnings.
This represents the periodic expense recognized in the income statement as the deferred acquisition costs are systematic...
Standard amortization of DAC expense reported by all major life and annuity insurers.
amp_segment_variable_annuity_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 | $36.75M | $36.75M | $36.75M | $34.00M | $34.00M | $34.00M | $34.00M | $33.00M | $31.00M | $32.00M | $29.00M | $30.00M | $30.00M | $29.00M | $29.00M | $28.00M | $29.00M | $27.00M | $28.00M | $27.00M |
| QoQ Change | — | +0.0% | +0.0% | -7.5% | +0.0% | +0.0% | +0.0% | -2.9% | -6.1% | +3.2% | -9.4% | +3.4% | +0.0% | -3.3% | +0.0% | -3.4% | +3.6% | -6.9% | +3.7% | -3.6% |
| YoY Change | — | — | — | — | -7.5% | -7.5% | -7.5% | -2.9% | -8.8% | -5.9% | -14.7% | -9.1% | -3.2% | -9.4% | +0.0% | -6.7% | -3.3% | -6.9% | -3.4% | -3.6% |