Ameriprise Financial Variable Annuity — Deferred acquisition costs decreased by 1.6% to $1.29B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.4%, from $1.38B to $1.29B. Over 2 years (FY 2023 to FY 2025), Variable Annuity — Deferred acquisition costs shows a downward trend with a -6.3% CAGR.
An increase suggests higher recent sales activity, while a decrease may indicate lower sales or accelerated amortization due to policyholder behavior.
This represents the unamortized portion of costs directly related to the acquisition of new variable annuity contracts....
Similar to Deferred Policy Acquisition Costs (DAC) found in most life insurance and annuity providers.
amp_segment_variable_annuity_deferred_acquisition_costs| Q4 '21 | 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 | $1.70B | $1.60B | $1.57B | $1.55B | $1.52B | $1.50B | $1.47B | $1.45B | $1.42B | $1.40B | $1.38B | $1.36B | $1.34B | $1.31B | $1.29B |
| QoQ Change | — | -5.8% | -1.7% | -1.7% | -1.7% | -1.5% | -1.6% | -1.8% | -1.5% | -1.5% | -1.6% | -1.7% | -1.5% | -1.6% | -1.6% |
| YoY Change | — | -5.8% | — | — | — | -6.4% | -6.3% | -6.4% | -6.3% | -6.3% | -6.3% | -6.2% | -6.3% | -6.3% | -6.4% |