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AFE · Question #6

The Annual Statement reporting requirements for the participating and nonparticipating branches is limited to major and secondary lines of business, but a company would:

The correct answer is A. Usually carry this separation throughout all of its premium classifications. See the full explanation below for the reasoning.

Question

The Annual Statement reporting requirements for the participating and nonparticipating branches is limited to major and secondary lines of business, but a company would:

Options

  • AUsually carry this separation throughout all of its premium classifications
  • BDo not carry this separation throughout all of its premium classifications

How the community answered

(17 responses)
  • A
    71% (12)
  • B
    29% (5)

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