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Deferred Policy Acquisition Costs, Amortization Expense

Loews Deferred Policy Acquisition Costs, Amortization Expense increased by 0.2% to $476.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $471.00M to $476.00M. Over 4 years (FY 2021 to FY 2025), Deferred Policy Acquisition Costs, Amortization Expense shows an upward trend with a 7.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

High amortization relative to new business may indicate past high-growth periods, while changes reflect shifts in acquisition strategy.

Detailed definition

This is the periodic expense recognized for the amortization of costs incurred to acquire new insurance policies, such a...

Peer comparison

Standard accounting practice for insurers; reflects the company's historical customer acquisition efficiency.

Metric ID: other_deferred_policy_acquisition_cost_amortization_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$357.00M$368.00M$359.00M$344.00M$374.00M$383.00M$389.00M$379.00M$403.00M$426.00M$436.00M$444.00M$435.00M$457.00M$462.00M$471.00M$469.00M$483.00M$475.00M$476.00M
QoQ Change+3.1%-2.4%-4.2%+8.7%+2.4%+1.6%-2.6%+6.3%+5.7%+2.3%+1.8%-2.0%+5.1%+1.1%+1.9%-0.4%+3.0%-1.7%+0.2%
YoY Change+4.8%+4.1%+8.4%+10.2%+7.8%+11.2%+12.1%+17.2%+7.9%+7.3%+6.0%+6.1%+7.8%+5.7%+2.8%+1.1%
Range$344.00M$483.00M
CAGR+6.2%
Avg YoY Growth+7.5%
Median YoY Growth+7.5%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CNA Financial$435.00M$457.00M$462.00M$471.00M$469.00M$483.00M$475.00M$476.00M
Total$435.00M$457.00M$462.00M$471.00M$469.00M$483.00M$475.00M$476.00M

Frequently Asked Questions

What is Loews's deferred policy acquisition costs, amortization expense?
Loews (L) reported deferred policy acquisition costs, amortization expense of $476.00M in Q1 2026.
How has Loews's deferred policy acquisition costs, amortization expense changed year-over-year?
Loews's deferred policy acquisition costs, amortization expense increased by 1.1% year-over-year, from $471.00M to $476.00M.
What is the long-term trend for Loews's deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), Loews's deferred policy acquisition costs, amortization expense has grown at a 7.1% compound annual growth rate (CAGR), from $1.44B to $1.90B.
What does deferred policy acquisition costs, amortization expense mean?
The expense recognized for the costs of acquiring new insurance policies.