Business Segments · Amortization of deferred acquisition costs

Bond & Specialty Insurance — Amortization of deferred acquisition costs

The Travelers Companies Bond & Specialty Insurance — Amortization of deferred acquisition costs decreased by 2.5% to $194.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $187.00M to $194.00M. Over 3 years (FY 2022 to FY 2025), Bond & Specialty Insurance — Amortization of deferred acquisition costs shows an upward trend with a 7.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Stable or declining amortization relative to premiums suggests efficient customer acquisition, while rising costs may indicate higher competitive pressure or commission structures.

Detailed definition

This metric tracks the systematic expensing of costs incurred to acquire new insurance business, such as commissions and...

Peer comparison

Comparable to 'Amortization of Deferred Policy Acquisition Costs' (DAC) at other insurance companies.

Metric ID: trv_segment_bond_specialty_insurance_amortization_of_deferred_acquisition_costs

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$156.25M$156.25M$156.25M$156.25M$168.25M$168.25M$168.25M$168.25M$182.00M$183.00M$194.00M$197.00M$187.00M$195.00M$197.00M$199.00M$194.00M
QoQ Change+0.0%+0.0%+0.0%+7.7%+0.0%+0.0%+0.0%+8.2%+0.5%+6.0%+1.5%-5.1%+4.3%+1.0%+1.0%-2.5%
YoY Change+7.7%+7.7%+7.7%+7.7%+8.2%+8.8%+15.3%+17.1%+2.7%+6.6%+1.5%+1.0%+3.7%
Range$156.25M$199.00M
CAGR+5.6%
Avg YoY Growth+7.4%
Median YoY Growth+7.7%

Frequently Asked Questions

What is The Travelers Companies's bond & specialty insurance — amortization of deferred acquisition costs?
The Travelers Companies (TRV) reported bond & specialty insurance — amortization of deferred acquisition costs of $194.00M in Q1 2026.
How has The Travelers Companies's bond & specialty insurance — amortization of deferred acquisition costs changed year-over-year?
The Travelers Companies's bond & specialty insurance — amortization of deferred acquisition costs increased by 3.7% year-over-year, from $187.00M to $194.00M.
What is the long-term trend for The Travelers Companies's bond & specialty insurance — amortization of deferred acquisition costs?
Over 3 years (2022 to 2025), The Travelers Companies's bond & specialty insurance — amortization of deferred acquisition costs has grown at a 7.6% compound annual growth rate (CAGR), from $625.00M to $778.00M.
What does bond & specialty insurance — amortization of deferred acquisition costs mean?
The portion of acquisition costs, like commissions, recognized as an expense during the current period.