Asset Line 15.2 - Question on deduction per instruction
Hi there,
Just trying to get better clarification on something. Asset Line 15.2 (deferred premiums, agents' balances and installments booked but deferred and not yet due), in the NAIC instructions, it notes for P&C companies to deduct reinsurance assumed premiums receivable after the effective date of the contract but prior to the contractual due date. Just trying to understand exactly what that is referring. We have some assumed premiums that are on installments, so would the installments that are booked and not yet due remain in line 15.2?
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