Skip to content
Screener

The Travelers Companies TRV Deferred policy acquisition costs

Deferred policy acquisition costs at other companies

American International Group logo
American International GroupAIG
$2.22B+3.1%
W.R. Berkley logo
W.R. BerkleyWRB
$1.01B+3.5%
Cincinnati Financial logo
Cincinnati FinancialCINF
$1.44B+5.5%
CNA Financial logo
CNA FinancialCNA
$1.01B+0.9%
KIN
Kingstone CompaniesKINS
$27.58M+15.6%
Loews logo
LoewsL
$1.01B+0.9%

Other financials

Income statement

See full
Revenue$12.2B+0.3%
Net income$2.2B+46.3%
EPS (diluted)$10.26+57.1%

Balance sheet

See full
Cash & equivalents$621.0M-5.8%
Total debt$9.1B+12.9%
Total equity$33.1B+12.2%
Total assets$143.58B+3.4%

Cash flow

See full
Operating cash flow$1.9B-17.9%

Valuation

See full
Market cap$80.16B+34.7%
Enterprise value$88.6B+32.5%
P/E9.7×-1.7×
P/S1.6×+0.4×

Profitability

See full
Net margin17%+6.0pp

Returns & leverage

See full
Return on equity26.5%+7.2pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by The Travelers Companies in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCosts.

The source filing: The Travelers Companies’s 10-Q, filed July 17, 2026.

Filed
Jul 17, 2026, 7:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000086312-26-000145
Line itemJune 30,2026December 31,2025
Premiums receivable (net of allowance for expected credit losses of $61 and $58)12,38210,992
Reinsurance recoverables (net of allowance for estimated uncollectible reinsurance of $142 and $129)8,0097,886
Ceded unearned premiums1,6741,283
Deferred acquisition costs3,7133,518
Deferred taxes1,041887
Contractholder receivables (net of allowance for expected credit losses of $13 and $16)3,0763,010
Goodwill4,0604,066
Other intangible assets325336

Item 1. FINANCIAL STATEMENTS

FAQ

What is The Travelers Companies's deferred policy acquisition costs?
The Travelers Companies (TRV) reported deferred policy acquisition costs of $3.71B in Q2 2026.
How has The Travelers Companies's deferred policy acquisition costs changed year-over-year?
The Travelers Companies's deferred policy acquisition costs increased by 1.3% year-over-year, from $3.67B to $3.71B.
What is the long-term trend for The Travelers Companies's deferred policy acquisition costs?
Over 5 years (2020 to 2025), The Travelers Companies's deferred policy acquisition costs has grown at a 8.3% compound annual growth rate (CAGR), from $2.36B to $3.52B.
What does deferred policy acquisition costs mean?
These are costs directly related to the acquisition of new or renewed insurance policies, such as commissions and premium taxes, which are capitalized and amortized over the life of the policy. This accounting treatment matches the expenses of acquiring business with the related premium revenue. It is a key indicator of the company's investment in growth and future profitability.

Ask your AI about The Travelers Companies's deferred policy acquisition costs.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude