Business Segments · Amortization of deferred acquisition costs

Business Insurance — Amortization of deferred acquisition costs

The Travelers Companies Business Insurance — Amortization of deferred acquisition costs decreased by 2.5% to $938.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $917.00M to $938.00M. Over 3 years (FY 2022 to FY 2025), Business Insurance — Amortization of deferred acquisition costs shows an upward trend with a 10.8% 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

An increase relative to premiums may indicate higher acquisition costs, while a decrease suggests improved efficiency in policy distribution.

Detailed definition

This represents the systematic expensing of costs directly related to acquiring new insurance policies, such as commissi...

Peer comparison

Standard accounting practice for all insurers under GAAP.

Metric ID: trv_segment_business_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$697.00M$697.00M$697.00M$697.00M$793.25M$793.25M$793.25M$793.25M$864.00M$861.00M$930.00M$933.00M$917.00M$944.00M$973.00M$962.00M$938.00M
QoQ Change+0.0%+0.0%+0.0%+13.8%+0.0%+0.0%+0.0%+8.9%-0.3%+8.0%+0.3%-1.7%+2.9%+3.1%-1.1%-2.5%
YoY Change+13.8%+13.8%+13.8%+13.8%+8.9%+8.5%+17.2%+17.6%+6.1%+9.6%+4.6%+3.1%+2.3%
Range$697.00M$973.00M
CAGR+7.7%
Avg YoY Growth+10.3%
Median YoY Growth+9.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is The Travelers Companies's business insurance — amortization of deferred acquisition costs?
The Travelers Companies (TRV) reported business insurance — amortization of deferred acquisition costs of $938.00M in Q1 2026.
How has The Travelers Companies's business insurance — amortization of deferred acquisition costs changed year-over-year?
The Travelers Companies's business insurance — amortization of deferred acquisition costs increased by 2.3% year-over-year, from $917.00M to $938.00M.
What is the long-term trend for The Travelers Companies's business insurance — amortization of deferred acquisition costs?
Over 3 years (2022 to 2025), The Travelers Companies's business insurance — amortization of deferred acquisition costs has grown at a 10.8% compound annual growth rate (CAGR), from $2.79B to $3.80B.
What does business insurance — amortization of deferred acquisition costs mean?
The gradual recognition of costs incurred to acquire new insurance business.