Deferred Policy Acquisition Costs

3 Months Ended

Mar. 31, 2025

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 contracts in the 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 insurance long-duration contracts		Other health and benefit contracts (1)		Total
Three months ended March 31, 2025
Allstate Health and Benefits
Beginning balance	$	55	$	9	$	64
Acquisition costs deferred	29		19		48
Amortization charged to income	(21)		(12)		(33)
Experience adjustment	(4)		—		(4)
Classified as held for sale	2		(7)		(5)
Total	$	61	$	9	$	70
Allstate Protection					2,565
Protection Services					3,152
Ending balance					$	5,787
Three months ended March 31, 2024
Allstate Health and Benefits
Beginning balance	$	321	$	219	$	540
Acquisition costs deferred	26		22		48
Amortization charged to income	(20)		(11)		(31)
Experience adjustment	(10)		(1)		(11)
Total	$	317	$	229	546
Allstate Protection					2,374
Protection Services					3,026
Ending balance					$	5,946

(1)Includes traditional life and interest-sensitive life long-duration contracts and accident and health short-duration contracts.