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CNA Financial CNA Deferred Policy Acquisition Costs, Amortization Expense

Deferred Policy Acquisition Costs, Amortization Expense at other companies

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Segments

By segment

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Commercial$206M-5.9%
Specialty$197M+4.2%
International$73M+15.9%
Corporate & Other$0
Life & Group$0

Other financials

Income statement

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Revenue$3.7B+1.4%
Net income$211.0M-23.0%
EPS (diluted)$0.78-22.0%

Balance sheet

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Cash & equivalents$522.0M+8.1%
Total debt$3.0B-0.1%
Total equity$10.9B+5.6%
Total assets$68.6B+1.8%

Cash flow

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Operating cash flow$393.0M-38.4%
CapEx$13.0M-27.8%
Free cash flow$380.0M-38.7%

Valuation

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Market cap$14.16B+9.9%
Enterprise value$16.61B+7.3%
P/E11.7×-3.0×
P/S0.9×+0.1×

Profitability

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Net margin8.1%+1.9pp
FCF margin14.4%-3.7pp

Returns & leverage

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Return on equity11.5%+2.5pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by CNA Financial in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

The source filing: CNA Financial’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 6:22 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000021175-26-000031
Three months ended March 31 / (In millions, except per share data)20262025
Total revenues3,6773,627
Claims, Benefits and Expenses
Insurance claims and policyholders’ benefits (re-measurement loss of $19 and $8)2,1752,027
Amortization of deferred acquisition costs476471
Non-insurance warranty expense356385
Other operating expenses370363
Interest3332
Total claims, benefits and expenses3,4103,278

Item 1. Condensed Consolidated Financial Statements

FAQ

What is CNA Financial's deferred policy acquisition costs, amortization expense?
CNA Financial (CNA) reported deferred policy acquisition costs, amortization expense of $476M in Q1 2026.
How has CNA Financial's deferred policy acquisition costs, amortization expense changed year-over-year?
CNA Financial's deferred policy acquisition costs, amortization expense increased by 1.1% year-over-year, from $471M to $476M.
What is the long-term trend for CNA Financial's deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), CNA Financial's deferred policy acquisition costs, amortization expense has grown at a 7.1% compound annual growth rate (CAGR), from $1.44B to $1.9B.
What does deferred policy acquisition costs, amortization expense mean?
This metric reflects the systematic expensing of costs directly associated with acquiring new insurance policies, such as commissions and underwriting expenses. These costs are initially capitalized and then amortized over the life of the policy. It provides insight into the efficiency of the company's sales and distribution efforts.

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