What does DAC stand for?

Deferred Acquisition Costs

This definition appears very rarely and is found in the following Acronym Finder categories:

Military and Government

Other Resources:

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Samples in periodicals archive:

The AICPA staff, helped by industry experts, released a set of technical questions and answers (Q&As) on financial accounting and reporting issues related to Statement of Position 05-1, Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts.

Technical practice aid questions and answers released on financial ...

The AICPA Accounting Standards Executive Committee (AcSEC) issued Statement of Position (SOP) 05-1, Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts, effective for replacements occurring in fiscal years beginning after December 15, 2006.

The AICPA Accounting Standards Executive Committee (AcSEC) issued ...

Healy's reply was to ask about deferred acquisition costs.

Annuity Lapses Can Hurt Insurers, Consultant Warns

This was offset, in part, by an increase in amortization of deferred acquisition costs of $3 million, net of income tax, resulting from the adoption of AICPA Statement of Position (SOP) 05-1.

MetLife Announces Third Quarter 2007 Results

34 Diluted earnings before investment related gains/ (losses), change in value of embedded derivatives, and related deferred acquisition costs $ 1.

Reinsurance Group of America Reports Third-Quarter Results

The loss for fourth quarter 2006 was driven primarily by a number of write-downs including goodwill, deferred acquisition costs, reinsurance recoverables and deferred tax assets.

A.M. Best Comments on Scottish Re's Full Year Results

70 Diluted earnings per share before investment related gains/(losses), change in value of embedded derivatives, and related deferred acquisition costs $ 1.

Reinsurance Group of America Reports Fourth-Quarter Results

60 Diluted earnings before investment related gains/ (losses), change in value of embedded derivatives, and related deferred acquisition costs $ 1.

Reinsurance Group of America Reports Third-Quarter Results