LanceAndersn
About
- Username
- LanceAndersn
- Joined
- Visits
- 29
- Last Active
- Roles
- Member
Comments
-
So if they're allowed on the balance sheet, they're automatically considered an Admitted Asset? I saw that 2016.s.15 included it, but then 2019.f.12 had it listed as a sample answer for things that are not admitted, so maybe it's considered admitted…
-
Related to this question, are insurer compacts legal? The Porter.2-Devlpt page says they are tolerated but the Examiner's Report for 2017.s.4 says they are illegal still. Are they illegal but not prosecuted? Thanks!
-
In the case of the contract using deposit accounting, that means that losses must be recorded gross of that reinsurance. Does that mean that the RBC charge in R4 is assumed to include those loss recoverables? Or is it entirely outside the scope of R…