Just to clarify…I know Fall2018 #19c does NOT include salvage and subrogation but Spring2016 #15c does list it as a BS item. So is there an error in one of the exam notes?

For Fall 2019 #15c, an asset is "reinsurance recoverable on paid loss & LAE" and a liability is "reinsurance payable on paid loss & LAE" is the recoverable on paid