Difference between revisions of "NAIC.SSAP-62R"
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− | This reading establishes SAP (Statutory Accounting Principles) for reinsurance. It overlaps with [[Freihaut.Reins]] regarding whether risk transfer has actually occurred. If no risk transfer has occurred then reinsurance accounting does not apply. You would have to use something called deposit accounting instead. | + | This reading establishes SAP (Statutory Accounting Principles) for reinsurance. It overlaps with ''[[Freihaut.Reins]]'' regarding whether risk transfer has actually occurred. If no risk transfer has occurred then reinsurance accounting does not apply. You would have to use something called deposit accounting instead. |
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Revision as of 00:47, 1 April 2019
This reading establishes SAP (Statutory Accounting Principles) for reinsurance. It overlaps with Freihaut.Reins regarding whether risk transfer has actually occurred. If no risk transfer has occurred then reinsurance accounting does not apply. You would have to use something called deposit accounting instead.
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