# ASC 210-944: Balance Sheet — Financial Services—Insurance Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/210/944/) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-09T23:00:55.233Z to 2026-09-09T23:01:22.901Z Record version: sha256:50937d317858165f158048c92a1f4bcca7a2ba709137d4906c526d891e4c6bc7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 210-944: Balance Sheet — Financial Services—Insurance ### Machine-generated study aids ```json { "summary": "This Subtopic addresses balance sheet presentation for insurance entities, focusing on when reinsurance-related balances may be offset. The core rule is that amounts payable to a policyholder and amounts recoverable from a reinsurer cannot be offset because the right of setoff under 210-20-45-1(b) requires amounts owed to and receivable from the *same* party. By contrast, balances arising between the ceding and assuming entities under a reinsurance contract may qualify for offsetting if the Subtopic 210-20 conditions are met.", "key_points": [ "This Subtopic provides balance sheet reporting guidance to insurance entities (210-944-05-1) and follows the scope of Section 944-10-15 (210-944-15-1).", "Amounts payable to a policyholder and amounts recoverable from a reinsurer fail the offsetting criteria in Section 210-20-45 because 210-20-45-1(b) requires a legal right to set off an amount owed to a party against an amount receivable from that same party (210-944-55-1).", "Reinsurance does not relieve the ceding entity of its direct obligation to the policyholder, so the reinsurance recoverable must be reported gross as an asset rather than netted against the policy liability (210-944-55-1).", "Balances between the ceding and assuming entities—funds withheld on ceded premiums, commissions, unsettled claims, and funds advanced by the assuming entity—may qualify for offsetting if the conditions in Subtopic 210-20 are satisfied (210-944-55-2)." ], "categories": [ "Presentation", "Industry-specific", "Financial statement presentation" ], "audience_level": "intermediate", "student_note": "The classic exam trap is assuming that ceding risk to a reinsurer lets the insurer shrink its balance sheet: it does not, because the policyholder and the reinsurer are different parties, so the recoverable is a gross asset. Offsetting is only possible between the ceding and assuming entities themselves, and only if all of the 210-20 conditions are met.", "related_topics": [ "210-20", "944-10", "944-40", "944-310", "944-605", "944-20" ], "key_concepts": [ "right of setoff", "reinsurance recoverable", "ceding entity", "assuming entity", "funds withheld", "gross presentation", "policyholder liability", "offsetting" ] } ``` Source downloaded (UTC): 2026-09-09T23:00:55.233Z to 2026-09-09T23:00:55.233Z Record version: sha256:8f9ba313facb7a681b30c1d4fefa1380891edfdae27a41047758c62f783e17ce Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 210-944-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/210/944/#00-status) SEC content: no ##### [210-944-00-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:00:55.233Z to 2026-09-09T23:00:55.233Z Record version: sha256:5c285b078283b6447f8fe4bc581915f083b8380f672ee026d4e75573952ed63a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
ReinsuranceAddedAccounting Standards Update No. 2016-1912/14/2016
944-210-55-1AmendedAccounting Standards Update No. 2016-1912/14/2016
944-210-55-2AmendedAccounting Standards Update No. 2016-1912/14/2016
Source downloaded (UTC): 2026-09-09T23:00:58.920Z to 2026-09-09T23:00:58.920Z Record version: sha256:81b2db0c5ad3cd2b6edb168d113f0d8b00748f6101cb01c5d4fe65f7084f7cbb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 210-944-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/210/944/#05-overview-and-background) SEC content: no ##### [210-944-05-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:00:58.920Z to 2026-09-09T23:00:58.920Z Record version: sha256:826d514f8905a024fead99e97d2eeeccb377c450fd4275b70fa467856c8c8d72 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. This Subtopic provides guidance to insurance entities on balance sheet reporting. Source downloaded (UTC): 2026-09-09T23:01:02.237Z to 2026-09-09T23:01:02.237Z Record version: sha256:3dc5e885e73a8914b535be974265ba6258c587ca1311e17a908ed87f99ff3671 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 210-944-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/210/944/#15-scope-and-scope-exceptions) SEC content: no #### Overall Guidance ##### [210-944-15-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:02.237Z to 2026-09-09T23:01:02.237Z Record version: sha256:da528c18928f8506eb1b9d349f0ff458cc38b356a362e8757b912dc833fe4757 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 944-10-15. Source downloaded (UTC): 2026-09-09T23:01:06.974Z to 2026-09-09T23:01:06.974Z Record version: sha256:74a12302db96818f842f735c1dad57705f09b43d96dc6d69725f9c692b53c451 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 210-944-55: 55 Implementation Guidance and Illustrations [Read section](https://asc.understandingaccounting.org/asc/210/944/#55-implementation-guidance-and-illustrations) SEC content: no #### Implementation Guidance ##### [210-944-55-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-55-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:06.974Z to 2026-09-09T23:01:06.974Z Record version: sha256:bbe5df2b05f098629a7e4b1111d8d163ed196e865faa687f53097a1b98ecba90 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Amounts payable to a policyholder and amounts recoverable from a [reinsurer](https://asc.understandingaccounting.org/glossary/r/#reinsurer "The assuming entity in a reinsurance transaction.") do not meet the criteria for offsetting in Section 210-20-45 because paragraph [210-20-45-1(b)](https://asc.understandingaccounting.org/asc/210/20/#210-20-45-1) requires that the reporting party have the legal right to set off the amount owed to one party with an amount receivable from that same party. ##### [210-944-55-2](https://asc.understandingaccounting.org/asc/210/944/#210-944-55-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:06.974Z to 2026-09-09T23:01:06.974Z Record version: sha256:1e011b031fcea3237545b801a8694ebe03f784fee7797d145182e0ac5011a524 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Several balances may arise between the ceding and assuming entities in a [reinsurance](https://asc.understandingaccounting.org/glossary/r/#reinsurance "A transaction in which a reinsurer (assuming entity), for a consideration (premium), assumes all or part of a risk undertaken originally by another insurer (ceding entity). For indemnity reinsurance, the legal rights of the insured are not affected by the reinsurance transaction and the insurance entity issuing the insurance contract remains liable to the insured for payment of policy benefits. Assumption or novation reinsurance contracts that are legal replacements of one insurer by another extinguish the ceding entity's liability to the policyholder.") contract, including funds withheld on ceded premiums, commissions, unsettled claims, and funds advanced by the assuming entity. Those items may qualify for offsetting under the conditions established by Subtopic 210-20. Source downloaded (UTC): 2026-09-09T23:01:11.087Z to 2026-09-09T23:01:11.087Z Record version: sha256:1e5060a961713ab9d524b99f11b71f4e1ecb6271fb4c89aa9bf650fe510195a9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 210-944-S00: SEC 00 Status [Read section](https://asc.understandingaccounting.org/asc/210/944/#sec-00-status) SEC content: yes ##### [210-944-S00-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:11.087Z to 2026-09-09T23:01:11.087Z Record version: sha256:12caab8b951e4606cc763fcd5b07b579957d4d9a7d266388682a94478068f262 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
944-210-S99-1AmendedAccounting Standards Update No. 2019-0707/26/2019
944-210-S99-1AmendedAccounting Standards Update No. 2010-2108/02/2010
Source downloaded (UTC): 2026-09-09T23:01:15.072Z to 2026-09-09T23:01:15.072Z Record version: sha256:c1f6edcadc4d16292558a7421e9e21afb2232396ca6e3bb23feb73eb91c72d33 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 210-944-S45: SEC 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/210/944/#sec-45-other-presentation-matters) SEC content: yes #### Presentation and Classification ##### [210-944-S45-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S45-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:15.072Z to 2026-09-09T23:01:15.072Z Record version: sha256:1a1da7a5cf1bcc0bba496e97ee3efa12dd019a9d268a1faa543c7bd72e303970 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [944-210-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1), Regulation S-X Rule 7-03 for the required balance sheet presentation for insurance companies. Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:bdd760339dd381af648fb5b411d2c69b40e3f8372385027787abe02bd341a848 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 210-944-S50: SEC 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/210/944/#sec-50-disclosure) SEC content: yes #### Long-Term Investments ##### [210-944-S50-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S50-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:88560ff8918d23865892be776aa6ede8d729271c0aef0f063e48f9122bb19088 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [944-210-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1), Regulation S-X Rule 7-03.1, for the required disclosures pertaining to long-term investments. #### Restricted Cash ##### [210-944-S50-2](https://asc.understandingaccounting.org/asc/210/944/#210-944-S50-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:3eb9a26af1914139469adfea5dd1bcc799252d70ce2afc9b29a7a81e97530715 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [944-210-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1), Regulation S-X Rule 7-03.2, for the required disclosures pertaining to restricted cash. #### Policy Liabilities and Accruals ##### [210-944-S50-3](https://asc.understandingaccounting.org/asc/210/944/#210-944-S50-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:23bcc94c4a3e8e169e31add9288a94e0333e1a56315b4d75dbea2db899b1df3f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [944-210-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1), Regulation S-X Rule 7-03.13, for the required disclosures pertaining to policy liabilities and accruals. #### Other Policyholders' Funds ##### [210-944-S50-4](https://asc.understandingaccounting.org/asc/210/944/#210-944-S50-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:0a132721b372e659ee56cbad7ec75dac0de54a3eee3b47869ff9cc5453b9b92d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [944-210-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1), Regulation S-X Rule 7-03.14, for the required disclosures pertaining to participating insurance. #### Minority Interests in Consolidated Subsidiaries ##### [210-944-S50-5](https://asc.understandingaccounting.org/asc/210/944/#210-944-S50-5) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:5ec2171b0c12d6a81fd3ab114c2df48792b0ce16537d0bff20afe7c1296ce469 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [944-210-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1), Regulation S-X Rule 7-03.20, for the required disclosures pertaining minority interests in consolidated subsidiaries. #### Stockholders' Equity ##### [210-944-S50-6](https://asc.understandingaccounting.org/asc/210/944/#210-944-S50-6) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:8fc28910640333cbbbac7548564dec50b000c3af51f278a86ba992a1f6349070 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [944-210-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1), Regulation S-X Rule 7-03.21, for the required disclosures pertaining to redeemable preferred stock. ##### [210-944-S50-7](https://asc.understandingaccounting.org/asc/210/944/#210-944-S50-7) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:c39ab17f69fabb66a2ff397beb7ed5e160d4a86064163d2d0bc779e74ccf6467 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [944-210-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1), Regulation S-X Rule 7-03.22, for the required disclosures pertaining to preferred stocks that are not redeemable or are redeemable solely at the option of the issuer. ##### [210-944-S50-8](https://asc.understandingaccounting.org/asc/210/944/#210-944-S50-8) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:a5db7d87cff6eb172d4aeebcc694ba1849915f1ef43a2ec15a7705b82817593f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [944-210-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1), Regulation S-X Rule 7-03.22, for the required disclosures pertaining to common stocks. ##### [210-944-S50-9](https://asc.understandingaccounting.org/asc/210/944/#210-944-S50-9) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:6c670770b2331c7adfeee884629b88967ae0581a9c30eef0b4f6c390c790dfd1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [944-210-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1), Regulation S-X Rule 7-03.24(c), for the required disclosures pertaining to stockholders' equity. #### Supplemental Information Concerning Property Casualty Insurance Operations ##### [210-944-S50-10](https://asc.understandingaccounting.org/asc/210/944/#210-944-S50-10) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:17.420Z to 2026-09-09T23:01:17.420Z Record version: sha256:635041ed4b9a99717eccd712b489c845923ec6ac27eb05b652732ed7f8381af7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [205-10-S99-6](https://asc.understandingaccounting.org/asc/205/10/#205-10-S99-6), Regulation S-X Rule 5-04(c), for the required supplemental schedule concerning property casualty insurance operations. Source downloaded (UTC): 2026-09-09T23:01:22.901Z to 2026-09-09T23:01:22.901Z Record version: sha256:f982fde51d108285a7b2f9ccc6262a9f71200bce5418bcf6ba80e4a87c4f91e4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 210-944-S99: SEC 99 SEC Materials [Read section](https://asc.understandingaccounting.org/asc/210/944/#sec-99-sec-materials) SEC content: yes #### SEC Rules, Regulations, and Interpretations ##### [210-944-S99-1](https://asc.understandingaccounting.org/asc/210/944/#210-944-S99-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:01:22.901Z to 2026-09-09T23:01:22.901Z Record version: sha256:7fe2ac475f9ca513aad52fc2d63c4880126c34cbd83b137e216a5049c2ea071c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following is the text of Regulation S-X Rule 7-03, Balance Sheets (17 CFR 210.7-03). - (a) The purpose of this rule is to indicate the various items which, if applicable, and except as otherwise permitted by the Commission, should appear on the face of the balance sheets and in the notes thereto filed for persons to whom this article pertains. (See § 210.4-01(a).) - ASSETS - 1\. Investments—other than investments in related parties. - (a) Fixed maturities. - (b) Equity securities. - (c) Mortgage loans on real estate. - (d) Investment real estate. - (e) Policy loans. - (f) Other long-term investments. - (g) Short-term investments. - (h) Total investments. - NOTES: - (1) State parenthetically or otherwise in the balance sheet (a) the basis of determining the amounts shown in the balance sheet and (b) as to fixed maturities and equity securities either aggregate cost or aggregate value at the balance sheet date, whichever is the alternate amount of the carrying value in the balance sheet. Consideration shall be given to the discussion of "Valuation of Securities" in § 404.03 of the Codification of Financial Reporting Policies. - (2) Include under fixed maturities: bonds, notes, marketable certificates of deposit with maturities beyond one year, and redeemable preferred stocks. Include under equity securities: common stocks and nonredeemable preferred stocks. - (3) State separately in the balance sheet or in a note thereto the amount of accumulated depreciation and amortization deducted from investment real estate. Subcaption (d) shall not include real estate acquired in settling title claims, mortgage guaranty claims, and similar insurance claims. Real estate acquired in settling claims shall be included in caption 10, "Other Assets," or shown separately, if material. - (4) Include under subcaption (g) investments maturing within one year, such as commercial paper maturing within one year, marketable certificates of deposit maturing within one year, savings accounts, time deposits and other cash accounts and cash equivalents earning interest. State in a note any amounts subject to withdrawal or usage restrictions. (See § 210.5-02.1.) - (5) State separately in a note the amount of any class of investments included in subcaption (f) if such amount exceeds ten percent of stockholders' equity. - (6) State in a note the name of any person in which the total amount invested in the person and its affiliates, included in the above subcaptions, exceeds ten percent of total stockholders' equity. For this disclosure, include in the amount invested in a person and its affiliates the aggregate of indebtedness and stocks issued by such person and its affiliates that is included in the several subcaptions above, and the amount of any real estate included in subcaption (d) that was purchased or acquired from such person and its affiliates. Indicate the amount included in each subcaption. An investment in bonds and notes of the United States Government or of a United States Government agency or authority which exceeds ten percent of total stockholders' equity need not be reported. - (7) State in a note the amount of investments included under each subcaption (a), (c), (d) and (f) which have been non-income producing for the twelve months preceding the balance sheet date. - 2\. Cash. Cash on hand or on deposit that is restricted as to withdrawal or usage shall be disclosed separately on the balance sheet. - The provisions of any restrictions shall be described in a note to the financial statements. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits. In cases where compensating balance arrangements exist but are not agreements which legally restrict the use of cash amounts shown on the balance sheet, describe in the notes to the financial statements these arrangements and the amount involved, if determinable, for the most recent audited balance sheet required. Compensating balances that are maintained under an agreement to assure future credit availability shall be disclosed in the notes to the financial statements along with the amount and terms of the agreement. - 3\. Securities and indebtedness of related parties. State separately (a) investments in related parties and (b) indebtedness from such related parties. (See § 210.4-08(k).) - 4\. Accrued investment income. - 5\. Accounts and notes receivable. Include under this caption - (a) amounts receivable from agents and insureds, - (b) uncollected premiums and - (c) other receivables. - State separately in the balance sheet or in a note thereto any category of other receivable which is in excess of five percent of total assets. State separately in the balance sheet or in a note thereto the amount of allowance for doubtful accounts that was deducted. - 6\. Reinsurance recoverable. - 7\. Deferred policy acquisition costs. - 8\. Property and equipment. - (a) State the basis of determining the amounts. - (b) State separately in the balance sheet or in a note thereto the amount of accumulated depreciation and amortization of property and equipment. - 9\. Title plant. - 10\. Other assets. State separately in the balance sheet or in a note thereto any other asset the amount of which exceeds five percent of total assets. - 11\. Separate account assets. Include under this caption the portion of separate account assets representing contract holder funds required to be reported in an insurance entity's financial statements as a summary total. An equivalent summary total for the related liability shall be included under caption 18. - 12\. Total assets. - LIABILITIES AND STOCKHOLDERS' EQUITY - 13\. Policy liabilities and accruals. - (a) State separately in the balance sheet the amounts of - (1) future policy benefits and losses, claims and loss expenses, - (2) unearned premiums and - (3) other policy claims and benefits payable. - (b) \[Reserved\] - 14\. Other policyholders' funds. - (a) Include amounts of supplementary contracts without life contingencies, policyholders' dividend accumulations, undistributed earnings on participating business, dividends to policyholders and retrospective return premiums (not included elsewhere) and any similar items. State separately in the balance sheet or in a note thereto any item the amount of which is in excess of five percent of total liabilities. - (b) State in a note to the financial statements the relative significance of participating insurance expressed as percentages of (1) insurance in force and (2) premium income; and the method by which earnings and dividends allocable to such insurance is determined. - 15\. Other liabilities. - (a) Include under this caption such items as accrued payrolls, accrued interest and taxes. State separately in the balance sheet or in a note thereto any item included in other liabilities the amount of which exceeds five percent of total liabilities. - (b) State separately in the balance sheet or in a note thereto the amount of (1) income taxes payable and (2) deferred income taxes. Disclose separately the amount of deferred income taxes applicable to unrealized appreciation of equity securities. - 16\. Notes payable, bonds, mortgages and similar obligations, including capitalized leases. - (a) State separately in the balance sheet the amounts of (1) short-term debt and (2) long-term debt including capitalized leases. - (b) The disclosure required by § 210.5-02.19(b) shall be given if the aggregate of short-term borrowings from banks, factors and other financial institutions and commercial paper issued exceeds five percent of total liabilities. - (c) The disclosure requirements of § 210.5-02.22 shall be followed for long-term debt. - 17\. Indebtedness to related parties. (See § 210.4-0.8(k).) - 18\. Liabilities related to separate accounts. \[See caption 11.\] - 19\. Commitments and contingent liabilities. - REDEEMABLE PREFERRED STOCKS - 20\. Preferred stocks subject to mandatory redemption requirements or whose redemption is outside the control of the issuer. The classification and disclosure requirements of § 210.5-02.27 shall be followed. - NONREDEEMABLE PREFERRED STOCKS - 21\. Preferred stocks which are not redeemable or are redeemable solely at the option of the issuer. The classification and disclosure requirements of § 210.5-02.28 shall be followed. - COMMON STOCKS - 22\. Common stocks. The classification and disclosure requirements of § 210.5-02.29 shall be followed. - OTHER STOCKHOLDERS' EQUITY - 23\. Other stockholders' equity. - (a) Separate captions shall be shown for - (1) additional paid-in capital, - (2) other additional capital, - (3) accumulated other comprehensive income, - (4) retained earnings (i) appropriated and (ii) unappropriated. (See § 210.4-08(e).) Additional paid-in capital and other additional capital may be combined with the stock caption to which they apply, if appropriate. - (b) The classification and disclosure requirements of § 210.5-02.30(b) shall be followed for dating and effect of a quasi-reorganization. - (c) State in a note the following information separately for (1) life insurance legal entities, and (2) property and liability insurance legal entities: the amount of statutory stockholders' equity as of the date of each balance sheet presented and the amount of statutory net income or loss for each period for which a statement of comprehensive income is presented. - NONCONTROLLING INTERESTS - 24\. Noncontrolling interests in consolidated subsidiaries. The disclosure requirements of § 210.5-02.31 shall be followed. - 25\. Total liabilities and equity. - \[46 FR 54335, Nov. 2, 1981, as amended at 50 FR 25215, June 18, 1985; 74 FR 18615, Apr. 23, 2009; 83 FR 50203, Oct. 4, 2018\]