Bankwesen, Versicherungsdienstleistungen, Finanzstatistiken
Article 40 of Directive 91/674/EEC: Article 40
Non-life-insurance technical account: item I (7) (a)
Life-assurance technical account: item II (8) (a)
Acquisition costs shall comprise the costs arising from the conclusion of insurance contracts. They shall cover both direct costs, such as acquisition commissions or the cost of drawing up the insurance document or including the insurance contract in the portfolio, and indirect costs, such as advertising costs or the administrative expenses connected with the processing of proposals and the issuing of policies.
Member States may require policy renewal commissions to be entered in item I (7) (c) or II (8) (c).
Eurostat, 'Methodology for Business Statistics - Methodological Manual for Insurance Services Statistics', Version 2.0, December 2000; http://ec.europa.eu/eurostat/ramon/statmanuals/files/EMBS_insurance_dec_2000_manual_en.pdf