Citizens CIA Permanent — 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 permanent — cost of insurance acquired?
- Citizens (CIA) reported permanent — cost of insurance acquired of $6.94M in Q1 2026.
- How has Citizens's permanent — cost of insurance acquired changed year-over-year?
- Citizens's permanent — cost of insurance acquired decreased by 5.2% year-over-year, from $7.33M to $6.94M.
- What is the long-term trend for Citizens's permanent — cost of insurance acquired?
- Over 3 years (2022 to 2025), Citizens's permanent — cost of insurance acquired has grown at a -3.6% compound annual growth rate (CAGR), from $32.03M to $28.72M.
- What does permanent — cost of insurance acquired mean?
- Represents the value assigned to the insurance contracts acquired through business combinations or block acquisitions within the permanent segment. This metric captures the intangible asset value of the acquired customer base and their expected future cash flows. It is essential for evaluating the financial impact of inorganic growth and the premium paid for market expansion.