Products & Services · Deferred acquisition costs

Variable Annuity — Deferred acquisition costs

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.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ1 2026

How to read this metric

An increase suggests higher recent sales activity, while a decrease may indicate lower sales or accelerated amortization due to policyholder behavior.

Detailed definition

This represents the unamortized portion of costs directly related to the acquisition of new variable annuity contracts....

Peer comparison

Similar to Deferred Policy Acquisition Costs (DAC) found in most life insurance and annuity providers.

Metric ID: amp_segment_variable_annuity_deferred_acquisition_costs

Historical Data

15 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$1.29B$1.70B
CAGR-7.5%
Avg YoY Growth-6.3%
Median YoY Growth-6.3%
Current Streak14+ quarters decline

Frequently Asked Questions

What is Ameriprise Financial's variable annuity — deferred acquisition costs?
Ameriprise Financial (AMP) reported variable annuity — deferred acquisition costs of $1.29B in Q1 2026.
How has Ameriprise Financial's variable annuity — deferred acquisition costs changed year-over-year?
Ameriprise Financial's variable annuity — deferred acquisition costs decreased by 6.4% year-over-year, from $1.38B to $1.29B.
What is the long-term trend for Ameriprise Financial's variable annuity — deferred acquisition costs?
Over 2 years (2023 to 2025), Ameriprise Financial's variable annuity — deferred acquisition costs has grown at a -6.3% compound annual growth rate (CAGR), from $6.13B to $5.38B.
What does variable annuity — deferred acquisition costs mean?
The unamortized balance of costs incurred to acquire new annuity customers.