Deferred Policy Acquisition Costs

9 Months Ended

Sep. 30, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Policy Acquisition Costs

Note 12 Deferred Policy Acquisition Costs

The following table shows a roll-forward of DAC on long-duration contracts in the Allstate Health and Benefits segment, along with a reconciliation to the Company’s total DAC balance.

Deferred policy acquisition costs activity
($ in millions)	Accident and health		Traditional life		Interest-sensitive life		Total
Nine months ended September 30, 2024
Allstate Health and Benefits
Long-duration contracts
Beginning balance	$	321	$	90	$	100	$	511
Acquisition costs deferred	76		41		12		129
Amortization charged to income	(59)		(16)		(11)		(86)
Experience adjustment	(15)		(1)		—		(16)
Reclassified to assets held for sale	(277)		(111)		(101)		(489)
Total	$	46	$	3	$	—	$	49
Short-duration contracts							6
Allstate Protection							2,590
Protection Services							3,106
Ending balance							$	5,751
Nine months ended September 30, 2023
Allstate Health and Benefits
Long-duration contracts
Beginning balance	$	322	$	79	$	101	$	502
Acquisition costs deferred	73		24		12		109
Amortization charged to income	(54)		(17)		(11)		(82)
Experience adjustment	(22)		(1)		(2)		(25)
Total	$	319	$	85	$	100	504
Short-duration contracts							27
Allstate Protection							2,358
Protection Services							2,935
Ending balance							$	5,824