Deferred Policy Acquisition Costs

12 Months Ended

Dec. 31, 2010

Deferred Policy Acquisition Costs

Deferred Policy Acquisition Costs

17. DEFERRED POLICY ACQUISITION COSTS

Changes to the deferred policy acquisition asset are as follows:

FOR THE YEARS ENDED DECEMBER 31	2010			2009			2008
(In millions)
Balance at beginning of year	$	286.3		$	264.8		$	246.8
Acquisition expenses deferred		728.0			602.8			574.2
Amortized to expense		(669.0	)		(581.3	)		(556.2	)
Balance at end of year	$	345.3		$	286.3		$	264.8