Operating
Increase (Decrease) in Deferred Policy Acquisition Costs
The Travelers Companies Increase (Decrease) in Deferred Policy Acquisition Costs increased by 4.6% to $1.84B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $1.82B to $1.84B. Over 4 years (FY 2021 to FY 2025), Increase (Decrease) in Deferred Policy Acquisition Costs shows an upward trend with a 9.0% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026Apr 16, 2026
How to read this metric
An increase indicates high investment in new business acquisition, while a decrease suggests lower new business volume or higher amortization.
Detailed definition
This represents the change in capitalized costs associated with acquiring new insurance policies, such as commissions an...
Peer comparison
Standard for insurance companies; reflects the intensity of sales and marketing efforts.
Metric ID:
operating_increase_decrease_in_deferred_policy_acquisiti_eb5164Historical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.34B | $1.35B | $1.27B | $1.41B | $1.50B | $1.50B | $1.41B | $1.63B | $1.72B | $1.73B | $1.61B | $1.78B | $1.81B | $1.86B | $1.73B | $1.82B | $1.92B | $1.88B | $1.76B | $1.84B |
| QoQ Change | — | +0.8% | -6.1% | +11.1% | +6.4% | -0.1% | -6.5% | +15.9% | +5.7% | +0.3% | -6.8% | +10.3% | +1.7% | +2.7% | -6.6% | +5.1% | +5.2% | -2.1% | -6.4% | +4.6% |
| YoY Change | — | — | — | — | +12.0% | +10.9% | +10.5% | +15.3% | +14.5% | +15.0% | +14.6% | +9.0% | +4.9% | +7.4% | +7.7% | +2.6% | +6.1% | +1.1% | +1.3% | +0.8% |
Range$1.27B – $1.92B
CAGR+6.8%
Avg YoY Growth+8.4%
Median YoY Growth+8.4%
Increase (Decrease) in Deferred Policy Acquisition Costs at Other Companies
Frequently Asked Questions
- What is The Travelers Companies's increase (decrease) in deferred policy acquisition costs?
- The Travelers Companies (TRV) reported increase (decrease) in deferred policy acquisition costs of $1.84B in Q1 2026.
- How has The Travelers Companies's increase (decrease) in deferred policy acquisition costs changed year-over-year?
- The Travelers Companies's increase (decrease) in deferred policy acquisition costs increased by 0.8% year-over-year, from $1.82B to $1.84B.
- What is the long-term trend for The Travelers Companies's increase (decrease) in deferred policy acquisition costs?
- Over 4 years (2021 to 2025), The Travelers Companies's increase (decrease) in deferred policy acquisition costs has grown at a 9.0% compound annual growth rate (CAGR), from $5.23B to $7.37B.
- What does increase (decrease) in deferred policy acquisition costs mean?
- The change in capitalized costs incurred to acquire new insurance contracts.