Annual Financial Statements
of Surety Companies - Schedule F
Extension without change of a currently approved collection
No
Regular
09/29/2023
Requested
Previously Approved
36 Months From Approved
09/30/2023
317
337
6,499
6,909
0
0
The Schedule F provides a listing of
Treasury authorized and unauthorized reinsurers for purposes of
determining an amount of unauthorized ceded reinsurance that may be
offset against a company's net worth in determining the company's
treasury underwriting limitations. The collection is to assure that
a currently certified company is solvent and able to carry out its
contracts.
The decrease from 6,909 hours
to 6,499 burden hours is attributed to an adjustment based on a
decrease in the number of respondents since the prior
submission.
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.