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Acquisition costs Direct and indirect costs incurred to acquire legal rights to extract natural resources. Direct costs include costs incurred to obtain options to lease or purchase mineral rights and costs incurred [..]
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Acquisition costsDirect costs an insurer incurs to "acquire" the premium—for example, commissions paid to a broker or fronting company. These costs are required to be expensed in the same ratio as [..]
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Acquisition costsSee Policy Acquisition Costs.
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Acquisition costsThe insurer's cost of putting new business in force, including the agent's commission, the cost of clerical work, fees for medical examinations and inspection reports, sales promotion expens [..]
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Acquisition costsExpenses incurred in acquiring new business premiums and conservation of renewal business. Broad in scope, it includes cost of soliciting business, issuance of policies, collection of premiums, agents [..]
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Acquisition costsThe insurer's cost of putting new business in force, including the agent's commission, the cost of clerical work, fees for medical examinations and inspection reports, sales promotion expens [..]
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Acquisition costsExpenses incurred in acquiring business, including commissions to agents and brokers and other acquisition, field supervision, and collection expenses. Usually also considered to include premium taxes [..]
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Acquisition costsExpenses incurred in acquiring new business premiums and conservation of renewal business. Broad in scope, it includes cost of soliciting business, issuance of policies, collection of premiums, agents’ compensation, field supervision, advertising, and any other expense reasonably attributable to acquisition and conservation of written premiums.
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Acquisition costsIncidental costs associated with securing ownership of real property such as agent commissions, mortgage application fees, professional fees and stamp duty.Source
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