CAPITALIZATION OF CERTAIN POLICY ACQUISITION EXPENSES (FINAL RULE)

ICR 199302-1545-021

OMB: 1545-1287

Federal Form Document

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Document
Name
Status
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IC Document Collections
ICR Details
1545-1287 199302-1545-021
Historical Active 199212-1545-001
TREAS/IRS
CAPITALIZATION OF CERTAIN POLICY ACQUISITION EXPENSES (FINAL RULE)
No material or nonsubstantive change to a currently approved collection   No
Emergency 02/24/1993
Approved with change 02/24/1993
Retrieve Notice of Action (NOA) 02/24/1993
  Inventory as of this Action Requested Previously Approved
12/31/1995 12/31/1995 12/31/1995
2,070 0 2,070
2,070 0 2,070
0 0 0

INSURANCE COMPANIES THAT ENTER INTO REINSURANCE AGEEMENTS MUST DETERMINE THE AMOUNTS TO BE CAPITALIZED UNDER THOSE AGREEMENTS CONSISTENTLY. THE REGULATIONS PROVIDE ELECTIONS TO PERMIT COMPANIES TO SHIFT THE BURDEN OF CAPITALIZATION FOR THEIR MUTUAL BENEFIT.

None
None


No

1
IC Title Form No. Form Name
CAPITALIZATION OF CERTAIN POLICY ACQUISITION EXPENSES (FINAL RULE) FI-3-91

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 2,070 2,070 0 0 0 0
Annual Time Burden (Hours) 2,070 2,070 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
02/24/1993


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