Changes in the deposit asset (liability), other than the unexpired portion of the coverage provided, are recorded as an accounting against the reimbursable loss.
Answer(s): B
Adjustments to the deposit related to the unexpired portion of the coverage are recorded as an adjustment to incurred losses.
Answer(s): A
Under SAP, reserves for losses and loss adjustment expenses and unearned premiums ceded to reinsurers are reported as annual disable losses of the related reserves.
GAAP requires that all declared policyholder dividends be accrued at the balance sheet date, using actual amount to be paid.
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sena Commented on May 31, 2019 I will see if this helps TURKEY
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