Q17
Hi, is GAAP treatment for prospective and retrospective reinsurance are exactly the same? the solution for GAAP in b) and c) worded differently, but I think they meant exactly the same thing. Thanks
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Hi, is GAAP treatment for prospective and retrospective reinsurance are exactly the same? the solution for GAAP in b) and c) worded differently, but I think they meant exactly the same thing. Thanks
Comments
Yes, they are the same.