DAC

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dac

DAC

DAC

(1) See D/A converter and discretionary access control.

(2) (Domain Assurance Council) See Vouch By Reference.
References in periodicals archive ?
Operating earnings from continuing operations for 2002 differ from net income by net realized investment gains and losses net of taxes, amortization of deferred acquisition costs related to those gains and losses net of tax, if applicable, operating income from discontinued operations, gain from the sale of discontinued operations, and cumulative effect of accounting change for goodwill impairment.
Unamortized deferred acquisition costs, unearned revenue liabilities, and deferred sales inducement assets from the replaced contract in an internal replacement transaction that results in a substantially changed contract should not be deferred in connection with the replacement contract.
Factors that could cause such differences include, but are not limited to: the Company's expectations concerning the amount of gain to be realized, transaction costs to be incurred, the ability to address certain contingencies, regulatory actions and the amount of deferred acquisition costs associated with the gain recognition.
05 per share), after income tax and the impact of deferred acquisition costs.
Examples of such forward-looking statements include statements relating to: the Company's expectations concerning the amount of gain to be realized, transaction costs to be incurred and the amount of deferred acquisition costs associated with the gain recognition.
Most significant are the inconsistencies in the treatment of insurance liabilities and intangibles such as deferred acquisition costs (DAC) and the valuation of financial assets.
After taxes and after the write-off of certain deferred acquisition costs on annuities associated with the gain recognition, the Company expects to recognize a gain of approximately $33-$36 million ($0.
The remainder covers a write down of previously deferred acquisition costs applicable to a life insurance product discontinued near year-end 2004.
On a GAAP basis, the Company will incur a noncash after-tax loss of approximately $5-$10 million, primarily as a result of writing off unamortized deferred acquisition costs relating to the business reinsured.
6 million, amortization of deferred acquisition costs of $2.
The negative outlook reflects AEL's significant exposure to commercial mortgage loans relative to its statutory capital and surplus, the negative impact of AEL's previously announced impairment losses on statutory surplus, a continuing high level of intangible assets attributed to increasing deferred acquisition costs and deferred sales inducements (DAC) and the potential challenges to manage the core fixed indexed annuity business in a volatile market.
6 million and increase its deferred acquisition costs by approximately $36.