Prudential Financial Individual Annuities — Amortization of deferred policy acquisition costs remained flat by 0.0% to $139.75M in Q4 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
An increase may reflect higher past sales volumes or changes in assumptions regarding policy life, while a decrease suggests lower acquisition activity or slower amortization.
This represents the periodic expense recognized for the amortization of costs incurred to acquire new annuity contracts,...
Standard accounting practice for DAC (Deferred Acquisition Costs) amortization in the insurance industry.
pru_segment_individual_annuities_amortization_of_deferred_policy_acquisition_costs| FY'21 | |
|---|---|
| Value | $559.00M |