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Model Regulation Service January 2012FORM AR1 CERTIFICATE OF ASSUMING INSURER I, ___, ___ (name of officer) (title of officer) of ___, the assuming insurer (name of assuming insurer) under a reinsurance
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Insurance companies regulated by the National Association of Insurance Commissioners (NAIC) need to fill out form AR-1 - NAIC.
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Form AR-1 is a regulatory document used by the National Association of Insurance Commissioners (NAIC) for annual financial reporting by insurance companies.
Insurance companies that are licensed to operate within the United States and meet specific criteria set by regulatory authorities are required to file Form AR-1.
To fill out Form AR-1, companies must gather financial data, including premiums, losses, and expense information, and complete the sections as indicated in the instructions provided with the form.
The purpose of Form AR-1 is to provide regulators with a standardized format for insurance companies to report their financial positions and performance metrics.
Form AR-1 requires information such as financial statements, income, expenses, policyholder information, and loss reserves among other relevant financial data.
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