expand_less
New accounting guidance issued by the Financial Accounting Standards Board limits the types
of costs incurred in issuing or renewing insurance contracts that can be deferred. AFG will
adopt this guidance retrospectively on January 1, 2012. See Note A Accounting Policies
Recent Accounting Standards to the financial statements for disclosures of the impact of
adopting the guidance.
of costs incurred in issuing or renewing insurance contracts that can be deferred. AFG will
adopt this guidance retrospectively on January 1, 2012. See Note A Accounting Policies
Recent Accounting Standards to the financial statements for disclosures of the impact of
adopting the guidance.