Abstract
This Study Note outlines the structure of the Insurance Expense Exhibit. It then describes in detail the procedure to allocate investment income to lines of business as well as the process for completing part II of the Insurance Expense Exhibit. This study note also illustrates the investment income allocation procedure by the use of a sample problem and solution.
KEY WORDS: Accounting, Actuaries, Data, Examinations, Expense, Financial Reporting, Statutory, Investment Income, Profitability, Regulation, Reinsurance, Retrospective Rating, Surplus, Taxes.
Volume
5
Year
1997
Syllabus year
2010
Syllabus exam
7-US
Categories
Actuarial Applications and Methodologies
Accounting and Reporting
Annual Statement
Actuarial Applications and Methodologies
Accounting and Reporting
Expense Classification
Actuarial Applications and Methodologies
Ratemaking
Expense Loads
Publications
Actuarial Review
