Prudential Financial Annuities — Deferred Policy Acquisition Cost decreased by 2.5% to $2.25B in Q1 2026 compared to the prior quarter.
Higher balances suggest significant recent sales activity, while declining balances may indicate lower new business volume or accelerated amortization.
This is an asset representing costs incurred to acquire new annuity business that are capitalized and amortized over the...
Standard accounting practice (DAC) for life insurers to match acquisition expenses with the revenue generated by policies.
pru_segment_annuities_deferred_policy_acquisition_cost| Q4 '24 | Q1 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|
| Value | $2.56B | $2.50B | $2.31B | $2.25B |
| QoQ Change | — | -2.3% | -7.5% | -2.5% |
| YoY Change | — | — | -9.7% | -9.8% |