B/S mapping to Schedule F

NancyHuNancyHu
in Odomirok.14-F


it's saying that "Unearned premiums for ceded reinsurance (parenthetical amount)" should be from Liability side, while it's a "recoverable" from pt 3 in schedule F, since it's "recoverable", why it's not from "asset" but from "Liability" in B/S?

Comments

  • NancyHuNancyHu

    sorry I just realized it's the amt to be subtracted from "UPR" in Liability, is that right?

  • Staff - ACStaff - AC

    Yes, "paranthetical amount" means the amount in this statement in parantheses in Line 9:

    (after deducting unearned premiums for ceded reinsurance of $1,052,590,102 and . . . )

    This amount is subtracted from total UEP to yield Line 9's value.

  • NancyHuNancyHu

    thanks!

  • Staff - ACStaff - AC

    Sure, good luck.

Sign In or Register to comment.