Products & Services · Deferred policy acquisition costs

Term Life Insurance — Deferred policy acquisition costs

Cincinnati Financial Term Life Insurance — Deferred policy acquisition costs increased by 1.2% to $260.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $248.00M to $260.00M. Over 3 years (FY 2022 to FY 2025), Term Life Insurance — Deferred policy acquisition costs shows an upward trend with a 4.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ1 2026

How to read this metric

A growing balance indicates high levels of new business acquisition, while a shrinking balance may indicate lower sales or faster amortization.

Detailed definition

This metric represents the unamortized portion of costs directly related to the acquisition of new insurance policies, s...

Peer comparison

Standard accounting practice for insurance companies under GAAP.

Metric ID: cinf_segment_term_life_insurance_deferred_policy_acquisition_costs

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$215.00M$220.00M$222.00M$226.00M$228.00M$231.00M$233.00M$234.00M$236.00M$238.00M$241.00M$243.00M$245.00M$248.00M$251.00M$254.00M$257.00M$260.00M
QoQ Change+2.3%+0.9%+1.8%+0.9%+1.3%+0.9%+0.4%+0.9%+0.8%+1.3%+0.8%+0.8%+1.2%+1.2%+1.2%+1.2%+1.2%
YoY Change+6.0%+5.0%+5.0%+3.5%+3.5%+3.0%+3.4%+3.8%+3.8%+4.2%+4.1%+4.5%+4.9%+4.8%
Range$215.00M$260.00M
CAGR+4.6%
Avg YoY Growth+4.3%
Median YoY Growth+4.2%
Current Streak17+ quarters growth

Frequently Asked Questions

What is Cincinnati Financial's term life insurance — deferred policy acquisition costs?
Cincinnati Financial (CINF) reported term life insurance — deferred policy acquisition costs of $260.00M in Q1 2026.
How has Cincinnati Financial's term life insurance — deferred policy acquisition costs changed year-over-year?
Cincinnati Financial's term life insurance — deferred policy acquisition costs increased by 4.8% year-over-year, from $248.00M to $260.00M.
What is the long-term trend for Cincinnati Financial's term life insurance — deferred policy acquisition costs?
Over 3 years (2022 to 2025), Cincinnati Financial's term life insurance — deferred policy acquisition costs has grown at a 4.1% compound annual growth rate (CAGR), from $896.00M to $1.01B.
What does term life insurance — deferred policy acquisition costs mean?
The portion of sales and acquisition costs that the company has paid but is spreading out over the life of the insurance policy.