Label: |
Adjustment to movement in net policy liabilities - policy acquisition - commission and other incremental expenses |
Concept Guidance: |
Report commission and other incremental acquisition costs in relation to the deposit (investment) component of new business acquired. They include commission or brokerage paid to agents or brokers for obtaining business for the reporting party, and variable costs directly related to acquiring the new business that would not have been incurred if the new business were not acquired.
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