Amortization of Deferred Policy Acquisition Costs
The financial metric "Amortization of Deferred Policy Acquisition Costs" is typically used by insurance companies to refer to the periodic allocation of an asset in proportion to the expected benefit received. More specifically, it refers to the systematic reduction of the value of deferred policy acquisitions costs, which are the costs incurred by an insurance company in acquiring and processing insurance policies. This metric is typically reported in the company's income statement as a non-operating expense and is used in determining the company's profitability and cash flow.
Additional Details
| Metric Name |
Type |
Default Period Type |
| amortization_of_deferred_policy_acquisition_costs |
|
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |