Zamisano1

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Zamisano1
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  • I noticed Funds Held are a liability item here on problem 2014 #15. Do all payable/collateral items go into liabilities if they were given? (i.e. Letters of Credit, Ceded balances payable, & Other amounts due to reinsurers)
  • If this table applies to SAP, how should GAAP investments be valued? Do we need to know this? (Sorry if I missed this in the reading)