Which statement about various schedules to the NAIC Annual Statement is true?

Which statement about various schedules to the NAIC Annual Statement is true?

• A. Schedule F tracks the insurer's investment performance.
• B. Schedule F provides information about the insurer's reinsurance arrangements, including reinsurance assumed and reinsurance ceded.
• C. Schedule F shows the insurer's dividend history.
• D. Schedule F lists policy forms and endorsements.

Answer: (B)

Schedule F is the reinsurance schedule in the NAIC Annual Statement. It details reinsurance arrangements by showing both reinsurance assumed (business the insurer takes on from others) and reinsurance ceded (risks the insurer transfers to reinsurers). This part of the statement highlights amounts like recoverables from reinsurers and amounts payable for ceded reinsurance, giving a clear picture of how much risk is being borne in-house versus transferred to others and how those arrangements affect reserves and credit for reinsurance. Investment performance is tracked elsewhere, not on this schedule, and policy forms and endorsements are filed through underwriting/policy filings rather than reinsurance reporting. Dividends history is not the focus of this reinsurance schedule either.

Schedule F is the reinsurance schedule in the NAIC Annual Statement. It details reinsurance arrangements by showing both reinsurance assumed (business the insurer takes on from others) and reinsurance ceded (risks the insurer transfers to reinsurers). This part of the statement highlights amounts like recoverables from reinsurers and amounts payable for ceded reinsurance, giving a clear picture of how much risk is being borne in-house versus transferred to others and how those arrangements affect reserves and credit for reinsurance.

Investment performance is tracked elsewhere, not on this schedule, and policy forms and endorsements are filed through underwriting/policy filings rather than reinsurance reporting. Dividends history is not the focus of this reinsurance schedule either.