Products & Services · Deferred Policy Acquisition Cost

Annuities — Deferred Policy Acquisition Cost

Prudential Financial Annuities — Deferred Policy Acquisition Cost decreased by 2.5% to $2.25B in Q1 2026 compared to the prior quarter.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

Higher balances suggest significant recent sales activity, while declining balances may indicate lower new business volume or accelerated amortization.

Detailed definition

This is an asset representing costs incurred to acquire new annuity business that are capitalized and amortized over the...

Peer comparison

Standard accounting practice (DAC) for life insurers to match acquisition expenses with the revenue generated by policies.

Metric ID: pru_segment_annuities_deferred_policy_acquisition_cost

Historical Data

4 periods
 Q4 '24Q1 '25Q4 '25Q1 '26
Value$2.56B$2.50B$2.31B$2.25B
QoQ Change-2.3%-7.5%-2.5%
YoY Change-9.7%-9.8%
Range$2.25B$2.56B
Avg YoY Growth-9.8%
Median YoY Growth-9.8%
Current Streak3+ quarters decline

Frequently Asked Questions

What is Prudential Financial's annuities — deferred policy acquisition cost?
Prudential Financial (PRU) reported annuities — deferred policy acquisition cost of $2.25B in Q1 2026.
What does annuities — deferred policy acquisition cost mean?
The capitalized upfront costs of acquiring new annuity customers, spread out over time.