The latest version of the source material states that there are 5 sections in both Part 7A and 7B. Your wiki page says that Part 7B has 7 sections. Has this changed from before or are you referring to something different?
I think that might be error in the Odomirok source material. I've got the NAIC Annual Statement Blank for 2019, which is the version listed in the syllabus, and Part 7B shows 7 sections. Sections 6 & 7 in Part 7B are the same as before:
Section 6: Incurred Adjustable Commissions Reported at Year-End
Section 7: Reserves for Commission Adjustments at Year-End
Sections 1-5 are still the same for Part 7A and 7B. I will make a note of the discrepancy in the wiki. Thanks.
Comments
Schedule P, Part 7B is for assumed reinsurance.
Thank you
The latest version of the source material states that there are 5 sections in both Part 7A and 7B. Your wiki page says that Part 7B has 7 sections. Has this changed from before or are you referring to something different?
I think that might be error in the Odomirok source material. I've got the NAIC Annual Statement Blank for 2019, which is the version listed in the syllabus, and Part 7B shows 7 sections. Sections 6 & 7 in Part 7B are the same as before:
Sections 1-5 are still the same for Part 7A and 7B. I will make a note of the discrepancy in the wiki. Thanks.
Ok thank you!