OasisLMS

A walkthrough of the Life and P&C Annual Statement. Course will highlight key components utilized in computing federal taxable income (premiums, investments, loss reserves, deferred acquisition costs). Course will discuss necessary income tax disclosures, with a concentration on SSAP 101.

-To introduce the foundational contents of Annual Statement
-Deeper dive into the key components relating to statutory accounting reporting in premium, reserves, investments, underwriting expenses, etc.
-Discuss the key relationships between the Annual Statement information to the applicable tax return information with respect to tax computation