It stands for deferred acquisition costs; with respect to an insurance contract, it is a measure of cost that constitutes...

With respect to an insurance contract, it is a measure of cost that constitutes deferred sales costs (acquisition costs) that...

It stands for contractual service margin; the unearned profit that an insurance firm expects to earn from the services it...

The unearned profit that an insurance firm expects to earn from the services it provides. Many insurance firms usually recognize...

In relation to insurance, it constitutes the direct costs an insurer incurs to "acquire" the premium— such as fees and...

The process of evaluating (by an underwriter) the risk that an insurer would be exposed to in connection with a...

The actual or expected cost that an insurer would incur as indemnity payments and allocated loss adjustment expenses (or the...

The actual or expected cost that an insurer would incur as indemnity payments and allocated loss adjustment expenses (or the...

The actual or expected cost that an insurer would incur as indemnity payments and allocated loss adjustment expenses (or the...

A form of financial guarantee insurance that does not cover all debts/ obligations of an insured- borrower but only a...