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Corebridge Financial CRBG Deferred Policy Acquisition Costs, Amortization Expense
Discontinued — last reported Q4 '22
Deferred Policy Acquisition Costs, Amortization Expense at other companies
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Where this comes from
Reported directly by Corebridge Financial in its filing.
Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.
The source filing: Corebridge Financial’s 10-K, filed February 24, 2023.
- Filed
- Feb 24, 2023
- Fiscal year
- FY2022
- Accession
- 0001889539-23-000003
| Years Ended December 31, / (in millions) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Balance, beginning of year | $7,949 | $7,241 | $7,939 |
| Impact of CECL adoption | — | — | 15 |
| Capitalizations | 991 | 1,000 | 889 |
| Amortization expense | (1,420) | (1,046) | (532) |
| Change related to unrealized (appreciation) depreciation of investments | 5,631 | 760 | (1,085) |
| Other, including foreign exchange | (64) | (6) | 15 |
| Balance, end of year | $13,087 | $7,949 | $7,241 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Corebridge Financial's deferred policy acquisition costs, amortization expense?
- Corebridge Financial (CRBG) reported deferred policy acquisition costs, amortization expense of -$355M in Q4 2022.
- How has Corebridge Financial's deferred policy acquisition costs, amortization expense changed year-over-year?
- Corebridge Financial's deferred policy acquisition costs, amortization expense decreased by 35.8% year-over-year, from -$261.5M to -$355M.
- What does deferred policy acquisition costs, amortization expense mean?
- Deferred Policy Acquisition Costs, Amortization Expense
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