Citizens CIA Other Business — Cost of insurance acquired
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Where this comes from
Reported directly by Citizens in its filing.
Tagged under the XBRL concept us-gaap:ValueOfBusinessAcquiredVOBA.
The official record: Citizens’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Citizens's other business — cost of insurance acquired?
- Citizens (CIA) reported other business — cost of insurance acquired of $1.11M in Q1 2026.
- How has Citizens's other business — cost of insurance acquired changed year-over-year?
- Citizens's other business — cost of insurance acquired decreased by 9.6% year-over-year, from $1.23M to $1.11M.
- What is the long-term trend for Citizens's other business — cost of insurance acquired?
- Over 3 years (2022 to 2025), Citizens's other business — cost of insurance acquired has grown at a -14.1% compound annual growth rate (CAGR), from $7.75M to $4.92M.
- What does other business — cost of insurance acquired mean?
- This metric quantifies the value assigned to the insurance contracts acquired through business combinations or portfolio transfers within the Other Business segment. It represents the intangible asset value of the future profits expected from the acquired policy base. Amortization of this cost is a critical component in evaluating the profitability of inorganic growth strategies.