Business Segments · Deferred policy acquisition costs
Commercial Insurance — Deferred policy acquisition costs
Cincinnati Financial Commercial Insurance — Deferred policy acquisition costs increased by 6.5% to $459.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $431.00M to $459.00M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2025
How to read this metric
Changes reflect shifts in the volume of new business written and the timing of commission payments.
Detailed definition
Deferred policy acquisition costs represent commissions and other costs directly related to the acquisition of insurance...
Peer comparison
Standard accounting practice for insurance companies under GAAP.
Metric ID:
cinf_segment_commercial_insurance_deferred_policy_acquisition_costsHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $345.00M | $372.00M | $387.00M | $431.00M | $459.00M |
| QoQ Change | — | +7.8% | +4.0% | +11.4% | +6.5% |
| YoY Change | — | +7.8% | +4.0% | +11.4% | +6.5% |
Range$345.00M – $459.00M
CAGR+33.0%
Avg YoY Growth+7.4%
Median YoY Growth+7.2%
Current Streak4+ quarters growth
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Frequently Asked Questions
- What is Cincinnati Financial's commercial insurance — deferred policy acquisition costs?
- Cincinnati Financial (CINF) reported commercial insurance — deferred policy acquisition costs of $459.00M in Q4 2025.
- How has Cincinnati Financial's commercial insurance — deferred policy acquisition costs changed year-over-year?
- Cincinnati Financial's commercial insurance — deferred policy acquisition costs increased by 6.5% year-over-year, from $431.00M to $459.00M.
- What does commercial insurance — deferred policy acquisition costs mean?
- Costs of acquiring insurance policies that are spread out over the life of the policy.