The BE-140 covers insurance transactions between U.S. insurance companies and foreign persons for:
- Premiums earned on reinsurance assumed from companies resident abroad;
- Losses incurred on reinsurance assumed from companies resident abroad;
- Premiums paid for reinsurance ceded to companies resident abroad;
- Losses recovered on reinsurance ceded to companies resident abroad;
- Premiums earned from direct insurance sold to foreign persons;
- Losses incurred on direct insurance sold to foreign persons;
- Receipts for auxiliary insurance services provided to foreign persons; and
- Payments for auxiliary insurance services provided by foreign persons.
Published