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 ?
Insurers can also adopt the revised definition of deferred acquisition costs for 2011 on a prospective basis and defer the lower expense in 2012.
This Statement of Position (SOP) provides guidance on accounting by insurance enterprises for deferred acquisition costs on internal replacements of insurance and investment contracts other than those specifically described in Financial Accounting Standards Board (FASB) Statement of Financial Accounting Standards No.
The ratio did however increase as anticipated when PFI adopted a new accounting standard for deferred acquisition costs which in turn reduced shareholder's equity and increased the leverage ratio by 2 percent and a first half increase in debt.
Deferred Acquisition Costs: Under the framework described by the Discussion Paper, there will be no separate deferred acquisition cost (DAC) asset to account for the investment the insurer makes in the customer relationship.
Life carriers are facing a significant drop in demand for variable products, acceleration of deferred acquisition costs and increased customer sophistication putting significant pressure on margins.
Healy's reply was to ask about deferred acquisition costs.
The impact on earnings as companies unlock assumptions, resulting in increases in write-offs for deferred acquisition costs
Increasing the tax on deferred acquisition costs, which would amount to about 10% of whole life premiums, an increase from 7.