Risk Transfer in Reinsurance Contracts

Dec 07, 2004 · Reinsurance accounting is not permitted, and deposit accounting is required for prospective or retroactive contracts that do not meet the paragraph 9a. and 9b. tests. Deposit accounting was not specifically defined in FAS No. 113, but specific guidance was contained in AICPA SOP 98-7. ................
................

In order to avoid copyright disputes, this page is only a partial summary.