Business Segments · Deferred Policy Acquisition Cost Amortization Expense
Group Policies — Deferred Policy Acquisition Cost Amortization Expense
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
How to read this metric
An increase in amortization expense relative to premiums may indicate a shift in the mix of new business or changes in policy persistency assumptions.
Detailed definition
This expense represents the systematic recognition of costs incurred to acquire new insurance policies, such as commissi...
Peer comparison
Standard accounting practice for insurance companies under GAAP; comparable to 'DAC Amortization' at peer firms.
Metric ID:
hig_segment_group_policies_deferred_policy_acquisition_cost_amortization_expenseSimilar Metrics at Other Companies
Frequently Asked Questions
- What does group policies — deferred policy acquisition cost amortization expense mean?
- The periodic expense recognized for costs incurred to acquire new insurance policies.