Form BE-45 Quarterly Survey of Insurance Transactions by U.S. Insur

BE-45 Quarterly Survey of Insurance Transactions by U.S. Insurance Companies with Foreign Persons

2025 BE-45 052124

Quarterly Survey of Insurance Transactions by U.S. Insurance Companies with Foreign Persons (Mandatory)

OMB: 0608-0066

Document [pdf]
Download: pdf | pdf
FORM

BE-45

(REV. 02/2024)	

OMB No. 0608-0066: Approval Expires 11/30/2027
BE-45 Identification Number

QUARTERLY SURVEY OF INSURANCE TRANSACTIONS BY U.S.
INSURANCE COMPANIES WITH FOREIGN PERSONS

Name and address of U.S. Reporter
Due date:
Within 30 days of the close of each calendar
quarter (or within 45 days of closing the final
quarter of your calendar year).

00080

Extension information:
See Part VI.C., page 20 of the General
Instructions.

10000

Electronic filing: 	
www.bea.gov/efile

Company Name:
0

00090

Attention:
0

Address:
0

10001

City:

10003

Zip Code:

Mail via U.S. Postal Service: 	
Bureau of Economic Analysis
Balance of Payments Division, BE-50 (SSB)
4600 Silver Hill Rd.
Washington, DC 20233

10002 State:
0

0

0

Fax reports to: 	
(301) 278-9506
Assistance: 	
E-mail: [email protected]
Telephone: (301) 278-9303
FAQ’s and blank forms: www.bea.gov/ssb

Send via Private Express Delivery:	
Bureau of Economic Analysis
Balance of Payments Division, BE-50 (SSB)
4600 Silver Hill Rd.
Suitland, MD 20746

BE-45 Filing Requirements:
A response is required if you are notified by BEA about this survey. A BE-45 survey must be completed in its entirety by U.S. insurance companies
whose combined reportable insurance transactions with foreign persons exceeded $8 million (based on absolute value) during the previous
calendar year, or are expected to exceed that amount during the current calendar year. See Part 1.A on page 17 of the General Instructions for
more information on who must report and reporting requirements.

Authority, Confidentiality, Penalties
This survey is authorized by the International Investment and Trade in Services Survey Act (P.L. 94-472, 90 Stat. 2059, 22 U.S.C. 3101-3108,
as amended). The filing of reports is mandatory and the Act provides that your report to BEA is confidential. Persons who fail to report may be
subject to penalties. See page 17 of the General Instructions for additional details.

Contact Information

Alternate Contact Information

Provide information of person to consult about this report:

Name and Title

Name and Title
10004

0

10008

Telephone Number
10005
10006

Telephone Number

—
— — — - — — — —
Fax Number
0
(— — —) — — — - — — — —
E-mail Address
(—

— —) — — — - — — — —
10010 (
— — —) — — — - — — — —
E-mail Address

—)

10009

(—

Fax Number

10007

10011

NOTE: BEA uses a Secure Messaging System to correspond with you via encrypted message to discuss questions relating to this form. We
may use your e-mail address for survey-related announcements and to inform you about secure messages. When communicating with BEA by
e-mail, please do not include any confidential business or personal information.

CERTIFICATION
The undersigned official certifies that this report has been prepared in accordance with the applicable instructions, is complete, and is
substantially accurate except that, in accordance with Part VI.F. of the General Instructions, estimates may have been provided.
Signature of Authorized Official

Date

Telephone Number
10027

Name
10012

0

Title

(—

— —) — — — - — — — —

Identification of U.S. Reporter
1 	 What is the U.S. Reporter’s calendar quarter covered in this report?
Month

Day

Year

10013 1

Beginning date. . . . . . .

__ __ / __ __ / __ __ __ __
Month

Day

Year

10014 1

Ending date. . . . . . . . . .

__ __ / __ __ / __ __ __ __

2 	 What was the status of the U.S. Reporter during the reporting period identified in question 1  ?
10017

1
1

■	 In existence the entire reporting period — Continue filling out this form.
2 ■	 In existence during only part of the reporting period — Continue filling out this form for the portion of the reporting period your
1

company was in existence and, in the comments section below, explain why your company did not exist for a part of the period.

1

3

■	 Not in existence during the reporting period — In the comments section below, explain why your company was not in existence
during the reporting period. Please return the form according to instructions on page 1.

3

	 Was the U.S. Reporter owned more than 50 percent by another U.S. entity or business enterprise at any point during the reporting period
identified in question 1 ? See Part IV.E, page 18 of the General Instructions for the definition of U.S. business enterprise.
10018

1
1

■	 No — Continue filling out this form.
2 ■ Yes — Check A or B:
2
1 ■	 A — Owned by another U.S. entity or business enterprise for part of the reporting period — Enter the name,
1

contact information, and address of the controlling U.S. entity below and continue filling out this form, but only
report transactions for the period during which the U.S. Reporter was NOT owned by another U.S. entity. Provide
any comments in the section below.

2

2

■	

B — Owned by another U.S. entity or business enterprise for the entire reporting period — Enter the name, contact
information, and address of the controlling U.S. entity below, provide any comments in the section below, and
return this form according to the instructions on page 1.

Name
0

Comments

10022

Contact name
0
10023

Phone number
0
10024

Address — Number and Street
0
10025

City, State, Zip
0
10026

	

	

4 	 What is the U.S. Reporter’s principal line of insurance?
10019

1

1

1

2

■	 Life insurance
■	 Property and casualty insurance
1
0
3 ■	 Other — Specify
10020

5 	 What best describes the U.S. Reporter’s insurance operations?
10021

■	 Insurance company
2 ■	 Insurance broker
1
3 ■	 Insurance group — Please attach a list of member companies that are consolidated in this report.
1

1

1

6 	 What is the primary Employer Identification Number used by the U.S. Reporter to file U.S. income or payroll taxes?
10016

1

___ ___ – ___ ___ ___ ___ ___ ___ ___

Page 2	

FORM BE-45 (REV. 02/2024)

Identification of U.S. Reporter – Continued
7 	 Using the summary of NAICS classifications on the next page, as well as the example below, enter the 4-digit code that best
describes the primary sales activity of the consolidated domestic U.S. Reporter. After entering your response, continue to page 5.
Consolidated domestic U.S. Reporter means the fully consolidated domestic U.S. enterprise consisting of (i) the U.S. corporation whose
voting securities are not owned more than 50 percent by another U.S. corporation, and, proceeding down each ownership chain from that
U.S. corporation, (ii) any U.S. corporation whose voting securities are more than 50 percent owned by the U.S. corporation above it. The fully
consolidated domestic U.S. enterprise excludes foreign branches and other foreign affiliates.
10015

1

__ __ __ __

EXAMPLE FOR DETERMINING PRIMARY SALES ACTIVITY (NAICS CODE)
Report the NAICS code that best describes the primary sales activity of the consolidated domestic U.S. Reporter. For example, if 60 percent
of the consolidated domestic U.S. Reporter’s sales are generated by Affiliate A, an insurance carrier, except direct life insurance carriers
(NAICS 5243), and 40 percent of the consolidated domestic U.S. Reporter’s sales are generated by Affiliate B, a direct insurance carrier
(NAICS 5249), then you should report your NAICS as 5243.

Consolidated domestic
U.S. Reporter
($50 Million Total Sales)

U.S. Affiliate A
NAICS 5243
($30 Million Total Sales)

Use NAICS 5243 because U.S. Affiliate
A’s sales are greater than U.S. Affiliate
B’s.

U.S. Affiliate B
NAICS 5249
($20 Million Total Sales)

➙ Continue to page 5
●

FORM BE-45 (REV. 02/2024)	

Page 3

Summary of Industry Classifications – For a full explanation of each code see www.bea.gov/naics2022
Agriculture, Forestry, Fishing, and Hunting
1110 	
1120 	
1130 	
1140 	
1150 	

Crop production
Animal production and aquaculture
Forestry and logging
Fishing, hunting, and trapping
Support activities for agriculture and forestry

Mining, Quarrying, and Oil & Gas
Extraction
2111 	
2121 	
2123 	
2124 	
2125 	
2126 	
2127 	
2132 	
2133 	
	

Oil and gas extraction
Coal
Nonmetallic minerals
Iron ores
Gold and silver ores
Copper, nickel, lead, and zinc ores
Other metal ores
Support activities for oil and gas operations
Support activities for mining, except
for oil and gas operations

Utilities
2211 	
	
2212 	
2213 	

Electric power generation,
transmission, and distribution
Natural gas distribution
Water, sewage, and other systems

Construction
2360 	 Construction of buildings
2370 	 Heavy and civil engineering construction
2380 	 Specialty trade contractors

Manufacturing
3111 	
3112 	
3113 	
3114 	
	
3115 	
3116 	
3117 	
3118 	
3119 	
3121 	
3122 	
3130 	
3140 	
3150 	
3160 	
3210 	
3221 	
3222 	
3231 	
3242 	
3243 	
3244 	
	
3251 	
3252 	
	
3253 	
	
3254 	
3255 	
3256 	
	
3259 	
3261 	
3262 	
3271 	
3272 	
3273 	
3274 	
3279 	
3311 	
3312 	
3313 	
	
3314 	
	
3315 	
3321 	
3322 	
3323 	
3324 	
3325 	
3326 	
3327 	
	
3328 	
	
3329 	
3331 	

Page 4	

Animal food manufacturing
Grain and oilseed milling
Sugar and confectionery products
Fruit and vegetable preserving and
specialty foods
Dairy products
Meat products
Seafood product preparation and packaging
Bakeries and tortilla manufacturing
Other food products
Beverages
Tobacco
Textile mills
Textile product mills
Apparel
Leather and allied products
Wood products
Pulp, paper, and paperboard mills
Converted paper products
Printing and related support activities
Integrated petroleum refining and extraction
Petroleum refining without extraction
Asphalt and other petroleum and
coal products
Basic chemicals
Resins, synthetic rubbers, and artificial
and synthetic fibers and filaments
Pesticides, fertilizers, and other
agricultural chemicals
Pharmaceuticals and medicines
Paints, coatings, and adhesives
Soap, cleaning compounds, and
toilet preparations
Other chemical products and preparations
Plastics products
Rubber products
Clay products and refractories
Glass and glass products
Cement and concrete products
Lime and gypsum products
Other nonmetallic mineral products
Iron and steel mills
Steel products from purchased steel
Alumina and aluminum production
and processing
Nonferrous metal (except aluminum)
production and processing
Foundries
Forging and stamping
Cutlery and hand tools
Architectural and structural metals
Boilers, tanks, and shipping containers
Hardware
Spring and wire products
Machine shop products, turned products, and 	
screws, nuts, and bolts
Coating, engraving, heat treating,
and allied activities
Other fabricated metal products
Agriculture, construction, and mining machinery

3332 	
3333 	
3334 	
	
3335	
3336 	
	
3339 	
3341 	
3342 	
3343 	
3344 	
	
3345 	
	
3346 	
	
3351 	
3352 	
3353 	
3359 	
3361 	
3362 	
3363 	
3364 	
3365 	
3366 	
3369 	
3370 	
3391 	
3399 	

Information

Industrial machinery
Commercial and service industry machinery
Ventilation, heating, air-conditioning,
and commercial refrigeration equipment
Metalworking machinery
Engines, turbines, and power 			
transmission equipment
Other general purpose machinery
Computer and peripheral equipment
Communications equipment
Audio and video equipment
Semiconductors and other
electronic components
Navigational, measuring, electromedical,
and control instruments
Manufacturing and reproducing
magnetic and optical media
Electric lighting equipment
Household appliances
Electrical equipment
Other electrical equipment and components
Motor vehicles
Motor vehicle bodies and trailers
Motor vehicle parts
Aerospace products and parts
Railroad rolling stock
Ship and boat building
Other transportation equipment
Furniture and related products
Medical equipment and supplies
Other miscellaneous manufacturing

5121 	 Motion picture and video industries
5122 	 Sound recording industries
5131	 Newspaper, periodical, book, and directory publishers
5132	 Software publishers
5161	 Radio and television broadcasting stations
5162	 Media streaming distribution services, social networks, and 	
	
other media networks and content providers
5171	 Wired and wireless telecommunications (except satellite)
5174 	 Satellite telecommunications
5178	 All other telecommunications
5182 	 Computing infrastructure providers, data processing, web 	
	
hosting, and related services
5192	 Web search portals, libraries, archives, and other information 	
	services

Finance and Insurance
5221 	 Depository credit intermediation (Banking)
5223 	 Activities related to credit intermediation
5224 	 Non-depository credit intermediation, except 		
	
branches and agencies
5229 	 Nondepository branches and agencies
5231 	 Securities and commodity contracts
	
intermediation and brokerage
5238 	 Other financial investment activities and
	exchanges
5242 	 Agencies, brokerages, and other insurance
	
related activities
5243 	 Insurance carriers, except direct life insurance carriers
5249 	 Direct life insurance carriers
5252 	 Funds, trusts, and other finance vehicles

Real Estate and Rental and Leasing

Wholesale Trade, Durable Goods
4231 	 Motor vehicles and motor vehicle parts and
supplies
4232 	 Furniture and home furnishing
4233 	 Lumber and other construction materials
4234 	 Professional and commercial
	
equipment and supplies
4235 	 Metal and mineral (except petroleum)
4236 	 Household appliances, and electrical and
	
electronic goods
4237 	 Hardware, and plumbing and heating
	
equipment and supplies
4238 	 Machinery, equipment, and supplies
4239 	 Miscellaneous durable goods

Wholesale Trade, Non-Durable Goods
4241 	
4242 	
4243 	
4244 	
4245 	
4246 	
4247 	
4248 	
4249 	

Paper and paper product
Drugs and druggists’ sundries
Apparel, piece goods, and notions
Grocery and related product
Farm product raw material
Chemical and allied products
Petroleum and petroleum products
Beer, wine, and distilled alcoholic beverage
Miscellaneous nondurable goods

Wholesale Trade Agents And Brokers
4251 	 Wholesale trade agents and brokers

Retail Trade
4410 	
4440 	
	
4450 	
4491	
4492 	
4550	
4561	
4571 	
4572 	
4580	

Motor vehicle and parts dealers
Building material and garden equipment
and supplies dealers
Food and beverage retailers
Furniture and home furnishings retailers
Electronics and appliance retailers
General merchandise retailers
Health and personal care retailers
Gasoline stations
Fuel dealers
Clothing, clothing accessories, shoe, and
	
jewelry retailers
4591 	 Sporting goods, hobby, and musical instrument 	
	retailers
4592	 Book retailers and news dealers
4596 	 Miscellaneous retailers

Transportation and Warehousing
4810 	
4821 	
4833 	
4839 	
4840 	
4850 	
4863 	
	
4868 	
4870 	
4880 	
4920 	
4932 	
4939 	

Air transportation
Rail transportation
Petroleum tanker operations
Other water transportation
Truck transportation
Transit and ground passenger transportation
Pipeline transportation of crude oil,
refined petroleum products, and natural gas
Other pipeline transportation
Scenic and sightseeing transportation
Support activities for transportation
Couriers and messengers
Petroleum storage for hire
Other warehousing and storage

	

5310 	
5321 	
5329 	
5331 	
	

Real estate
Automotive equipment rental and leasing
Other rental and leasing services
Lessors of nonfinancial intangible assets,
except copyrighted works

Professional, Scientific, and Technical Services
5411 	
5412 	
	
5413 	
5414 	
5415 	
5416 	
5417 	
5418 	
5419 	

Legal services
Accounting, tax preparation, bookkeeping, 		
and payroll services
Architectural, engineering, and related services
Specialized design services
Computer systems design and related services
Management, scientific, and technical consulting services
Scientific research and development services
Advertising, public relations, and related services
Other professional, scientific, and technical services

Management of Companies and Enterprises
5512 	 Holding companies, except bank holding companies
5513 	 Corporate, subsidiary, and regional management offices

Administrative and Support, Waste
Management, and Remediation Services
5611 	
5612 	
5613 	
5614 	
5615 	
5616 	
5617 	
5619 	
5620 	

Office administrative services
Facilities support services
Employment services
Business support services
Travel arrangement and reservation services
Investigation and security services
Services to buildings and dwellings
Other support services
Waste management and remediation services

Educational Services
6110 	 Educational services

Health Care and Social Assistance
6210 	
6220 	
6230 	
6240 	

Ambulatory health care services
Hospitals
Nursing and residential care facilities
Social assistance services

Arts, Entertainment, and Recreation
7110 	 Performing arts, spectator sports, and related industries
7121 	 Museums, historical sites, and similar institutions
7130 	 Amusement, gambling, and recreation industries

Accommodation and Food Services
7210 	 Accommodation
7220 	 Food services and drinking places

Other Services
8110 	
8120 	
8130 	
	

Repair and maintenance
Personal and laundry services
Religious, grantmaking, civic, professional, 		
and similar organizations

Public Administration
9200 	 Public administration

FORM BE-125 (REV. 02/2024)

Determination of Reporting Status
Determining Reportable and Non-Reportable Transactions
The scope of this survey is limited to insurance transactions between the consolidated domestic U.S. Reporter and foreign persons*. A full list of the
services covered can be found on the next page. Additional information, including FAQ’s and video tutorials, can be found at: www.bea.gov/ssb.
* Person, when used throughout this survey, means any individual, branch, partnership, associated group, association, estate, trust, corporation, or
other organization (whether or not organized under the laws of any State), and any government (including a foreign government, the United States
Government, a state or local government, and any agency, corporation, financial institution, or other entity or instrumentality thereof, including a
government sponsored agency).

✓
REPORT transactions
between the U.S. Reporter
and all foreign persons,
regardless of the relationship
between the U.S. Reporter
and the foreign persons. See
page 7 for more information
on reporting relationships.

✖
DO NOT REPORT transactions
between the U.S. Reporter’s
foreign affiliates or foreign
parent group and other foreign
persons.

✖

DO REPORT:

✓	 Transactions between your consolidated domestic U.S. operations and all foreign persons, regardless of affiliation, including inter-company 	
transactions that you may not consider transactions under global consolidation.

DO NOT REPORT:

✖	
✖	
✖	
✖	
✖	

Transactions between the U.S. Reporter’s foreign affiliates and other foreign persons.
Transactions between other U.S. persons and foreign affiliates of the U.S. Reporter.
Transactions between the U.S. Reporter’s domestic operations and other U.S. persons.
Income on financial instruments (including interest, dividends, capital gains, etc.).
Reserve transfers or recaptures of reserves.

More information about the scope and purpose of this survey can be found in the General Instructions beginning on page 18.

➙ Continue to the next page
●
FORM BE-45 (REV. 02/2024)	

Page 5

Determination of Reporting Status
8 	 In the table below, indicate whether the U.S. Reporter had the transactions listed in the prior year, or if the U.S. Reporter expects to have
transactions in the current year by marking “Yes” or “No in column 3.
See additional information for Part II on page 18, and Part V on page 19, of the General Instructions for more details on reportable transactions.
NOTE – Exclude transfers or recaptures of reserves when determining your responses below. Such transactions are not reportable on the BE-45
survey.

	

Transaction
code

Transaction Type

Had transactions with
foreign persons in
the previous year, or
had/expects to have,
transactions with foreign
persons during the current
year

(1)

(2)

(3)

1

Premiums earned on reinsurance assumed from insurance companies resident abroad

20001

2

Premiums incurred on reinsurance ceded to insurance companies
resident abroad

20002

3

Losses incurred on reinsurance assumed from insurance companies
resident abroad

20003

4

Losses recovered on reinsurance ceded to insurance companies
resident abroad

20004

5

Premiums earned from primary insurance sold to foreign persons

20005

6

Losses incurred on primary insurance sold to foreign persons

20006

7

Auxiliary insurance services, receipts

20007

8

Auxiliary insurance services, payments

20008

(4)

1

1 ■ Yes

2 ■ No

Schedule A

1

1 ■ Yes

2 ■ No

Schedule A

1

1 ■ Yes

2 ■ No

Schedule A

1

1 ■ Yes

2 ■ No

Schedule A

1

1 ■ Yes

2 ■ No

Schedule B

1

1 ■ Yes

2 ■ No

Schedule B

1

1 ■ Yes

2 ■ No

Schedule B

1

1 ■ Yes

2 ■ No

Schedule B

9 	 Did you check “Yes” for any type of transaction in Column 3?
20010 1
1

	
	

If “Yes” in column 3,
report transactions on:

1
2

■	 Yes — Continue to the next question.
■	 No — Stop here and return pages 1 through 6 according to the instructions on page 1.

10 	Did the U.S. Reporter’s combined total reportable transactions with foreign persons exceed $8 million (based on absolute value) in the
previous year, or are they expected to exceed that amount in the current year?
20011

1

■1 Yes — For each transaction type greater than $500.00 during the reporting period, you are required to report additional details

on the country and affiliation to the foreign transactor(s) on Schedules A or B as indicated in the table above. Continue to the
next page for additional reporting instructions.

1

2

■ No — Stop here and return pages 1 through 6 according to the instructions on page 1.

Comments

Page 6	

FORM BE-45 (REV. 02/2024)

For Reporters of Primary Insurance Services

11 Will you be reporting premiums earned or losses incurred on primary insurance on Schedule B ?
■	 Yes — Continue to the next question.
■	 No — Skip Question  12 and continue to the appropriate Schedule(s) on the following pages and report any
transactions subject to reporting additional country detail as indicated in Question   8 .

 12
	

		

Indicate the principal line of primary insurance sold by the U.S. Reporter to foreign persons.
NOTE – The insurance category selected should be based on the activity representing that largest percentage of the U.S. Reporter’s
operations, taking into consideration which features are predominant, i.e. the investment component or the component whereby
claims are paid only if the insured event occurs

Principal Line of Primary Insurance Sold to Foreign Persons (Check One)

Insurance with an investment component (including whole life insurance)
Freight insurance
Property and casualty insurance
Other (including term life insurance and health insurance) - Specify     

➙ Continue to the next page
●
Page 7	

www.bea.gov	

FORM BE-140 (REV. 06/2023)

Understanding Reporting Relationships
(For use on  Schedules A  and  B )
Transactions accrued during the reporting period should be reported by the country of the foreign transactor, and by the foreign transactor’s relationship
to the U.S. Reporter . The relationship between the U.S. Reporter and the foreign transactor falls into one of three categories:
Foreign Affiliates – A foreign affiliate is defined as an entity domiciled in a foreign country that is owned at least 10 percent (based on voting
interest), directly or indirectly, by the U.S. Reporter.
Foreign Parent Group – A Foreign Parent Group means all of the following:
(i)	 the foreign parent, which is the first entity outside the United States in a foreign chain of ownership, that owns at least 10 percent (based on voting
interest), directly or indirectly, of the consolidated domestic U.S. business enterprise.
(ii)	 any foreign entity proceeding up the foreign parent’s ownership chain, that owns more than 50 percent of the entity below it up to and including the
entity that is not owned more than 50 percent by another foreign entity,
(iii)	any foreign entity, proceeding down the ownership chain(s) of each of these members, that is owned more than 50 percent by the entity above it.
Unaffiliated Foreign Persons – An unaffiliated foreign person is an entity domiciled abroad that is not owned, or is owned less than 10 percent,
directly or indirectly, by the U.S. Reporter or the U.S. Reporter’s foreign parent.
The diagram below illustrates each of these relationships with regards to the U.S. Reporter. Additional reporting instructions are provided prior to
each Schedule on pages 9 and 13.

COMPANY A (Germany)
Foreign Parent of the Consolidated domestic
U.S. Reporter

COMPANY B (Germany)
49% owned by Company A

Member of Foreign Parent Group

Unaffiliated Foreign Person

Owns 100% of Company C and the
Consolidated U.S. Reporter

NOTE: “Company B” is not part of the foreign
parent group since it is not owned, nor does
it own another foreign entity, more than 50
percent within the foreign ownership chain.
Also, “Company B” is not a foreign affiliate
of the Consolidated domestic U.S. Reporter
since it is not owned at least 10 percent by
the Consolidated domestic U.S. Reporter.

CONSOLIDATED DOMESTIC
U.S. REPORTER
(USA)

COMPANY C (France)
Wholly owned by Company A
Member of Foreign Parent Group

(The U.S. person filing this BE-45)
Owns >10% of Companies D, E, and F
COMPANY E (Mexico)

COMPANY D (USA)

COMPANY F (United Kingdom)

20% owned by Consolidated
domestic U.S. Reporter

Subsidiary, owned 100% by Consolidated

50% owned by Consolidated
domestic U.S. Reporter

Foreign Affiliate

Company D’s transactions with foreign
persons are consolidated into the U.S.
Reporter’s BE-45 filing

domestic U.S. Reporter

Foreign Affiliate

COMPANY G (Switzerland)

COMPANY H (Ghana)

5% owned by Consolidated
domestic U.S. Reporter

No ownership relationship with
any other company

Unaffiliated Foreign Person

Unaffiliated Foreign Person

➙ Continue to
●
FORM BE-45 (REV. 02/2024)	

Schedules A and   B as indicated, based on your response to question 8 on page 6.
Page 8

Reporting Instructions for Schedule A

IMPORTANT – Only report transactions accrued during the reporting period. ONLY report transactions between the U.S. Reporter’s domestic operations
and foreign persons. DO NOT report transactions between the U.S. Reporter’s foreign affiliates and foreign persons, between the U.S. Reporter’s
domestic operations and other U.S. persons, or transactions between other U.S. persons and the U.S. Reporter’s foreign affiliates.
How to Report:
1) 	Use the following Schedule A’s on pages 10–12 to report your quarterly reinsurance transactions based on your relationship with the
foreign person(s) (see page 8 for more information on reporting relationships):
Schedule

Relationship with the consolidated domestic U.S. Reporter

Page

A1

Foreign affiliates

10

A2

Foreign parent group

11

A3

Unaffiliated foreign persons

12

2) 	Enter the country(ies) of the transactor(s) in the first column of Schedule A .
3) 	Report the U.S. Reporter’s quarterly reinsurance transactions with the foreign transactor in the appropriate column based on the 			
transaction type:
• Transaction code 1 – Quarterly premiums earned on reinsurance assumed
• Transaction code 2 – Quarterly premiums incurred on reinsurance ceded
• Transaction code 3 – Quarterly losses incurred on reinsurance assumed
• Transaction code 4 – Quarterly losses recovered on reinsurance ceded
Example:
The U.S. Reporter had a total of $3,525,000 in quarterly premiums incurred on reinsurance ceded from its foreign parent group in Germany.
A2

Foreign parent group

Page 11

Per the table above, premiums incurred on reinsurance ceded from the foreign parent group are reportable on Schedule A2 , which is on page 10.
On Schedule A2 , select “Germany” from the dropdown box in column 1. Enter “3525” under transaction code 2.
IMPORTANT – Report amounts in thousands of U.S. dollars (omitting 000). Round amounts less than $500.00 to 0. Do not enter amounts in the shaded
portions of each item.

Example

Transactions with foreign parent group
BEA
USE
ONLY

Country

1.

Germany

001

1

2

Reinsurance premiums

Reinsurance losses

Transaction code 1

Transaction code 2

Transaction code 3

Transaction code 4

Quarterly premiums
earned on reinsurance
assumed

Quarterly premiums
incurred on reinsurance
ceded

Quarterly losses
incurred on reinsurance
assumed

Quarterly losses
recovered on
reinsurance ceded

3

000

4

3525 000

5

000

6

000

NOTE – Do not report reserve transfers or recaptures of reserves.
Quarterly premiums and losses should be calculated as follows:
For property and casualty insurance companies
Calculate transaction codes 1 and 2 as follows: Premiums written (transaction code 1) or ceded (transaction code 2) during the quarter, plus unearned
premiums at the beginning of the quarter, minus unearned premiums at the end of the quarter. Report premiums net of cancellations. Report premiums
gross of commissions and profit commissions paid to or received from foreign persons, including commissions initially paid to or received from a U.S.
intermediary (agent or broker) of a foreign person.
Calculate transaction codes 3 and 4 as follows: Losses paid (transaction code 3) or recovered (transaction code 4) during the quarter, plus case reserves
at the end of the quarter, plus losses incurred but not reported at the end of the quarter, minus case reserves at the beginning of the quarter, minus
losses incurred but not reported at the beginning of the quarter. Losses paid or recovered should not include loss adjustment expenses (reportable on
Schedule B ).
For life insurance companies
Premiums received (transaction code 1) and paid (transaction code 2) reflect premiums accrued on reinsurance assumed from or ceded to insurance
companies resident abroad. These amounts, therefore, are adjusted for changes in due, deferred, and advanced premiums for each quarter. Report
premiums gross of commissions and profit commissions paid to or received from foreign persons, including commissions initially paid to or received from a
U.S. intermediary (agent or broker) of a foreign person.
Losses paid (transaction code 3) and recovered (transaction code 4) reflect policy claims on reinsurance assumed or ceded, adjusted for changes in
claims due, unpaid, and in the course of settlement.

Page 9	

FORM BE-45 (REV. 02/2024)

SCHEDULE A1 – Quarterly Reinsurance Transactions with Foreign Affiliates
Are you reporting transactions with foreign affiliates ?
21000

1 11■ Yes

• 	If you checked “Yes” for transaction codes 1–4 in Column 3 of question 8 , and you had transactions of this type with your foreign affiliates  ,
reporting below is mandatory.
• 	Report all currency amounts in thousands of dollars. Example: If the amount is $1,555,555.00 report as 1,556.
• 	Round amounts less than $500.00 to 0.
• 	To report additional countries, use the overflow sheet provided on page 21 (eFile users – select “Add overflow” from the survey selection page).
• 	For additional instructions, see Part V on page 19 of the General Instructions.
NOTE – Do not report reserve transfers or recaptures of reserves.
Transactions with foreign affiliates

Country

1. Total, lines 2–32 of this page

001

2.

002

3.

003

4.

004

5.

005

6.

006

7.

007

8.

008

9.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

025

26.

026

27.

027

28.

028

29.

029

30.

030

31.
32. Countries with which transactions

031

were less than $50,000.00 each, total 032

FORM BE-45 (REV. 02/2024)	

Reinsurance premiums

BEA
USE
ONLY

Transaction Code 1

Transaction Code 2

Transaction Code 3

Transaction Code 4

Quarterly premiums
earned on reinsurance
assumed

Quarterly premiums
incurred on reinsurance
ceded

Quarterly losses
incurred on reinsurance
assumed

Quarterly losses
recovered on
reinsurance ceded

4

5

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

2

3

1

709

Reinsurance losses

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
Page 10

SCHEDULE A2 – Quarterly Reinsurance Transactions with the foreign parent group
Are you reporting transactions with your foreign parent group ?
22000

2 12 ■ Yes

• 	If you checked “Yes” for transaction codes 1–4 in Column 3 of question 8 , and you had transactions of this type with your foreign parent
group , reporting below is mandatory.
• 	Report all currency amounts in thousands of dollars. Example: If the amount is $1,555,555.00 report as 1,556.
• 	Round amounts less than $500.00 to 0.
• 	To report additional countries, use the overflow sheet provided on page 21 (eFile users – select “Add overflow” from the survey selection page).
• 	For additional instructions, see Part V on page 19 of the General Instructions.
NOTE – Do not report reserve transfers or recaptures of reserves.
Transactions with foreign parent group
BEA
USE
ONLY

Country

1. Total, lines 2–32 of this page

001

2.

002

3.

003

4.

004

5.

005

6.

006

7.

007

8.

008

9.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

025

26.

026

27.

027

28.

028

29.

029

30.

030

31.
32. Countries with which transactions

031

were less than $50,000.00 each, total 032

Page 11	

Reinsurance premiums
Transaction Code 1

Transaction Code 2

Transaction Code 3

Transaction Code 4

Quarterly premiums
earned on reinsurance
assumed

Quarterly premiums
incurred on reinsurance
ceded

Quarterly losses
incurred on reinsurance
assumed

Quarterly losses
recovered on
reinsurance ceded

4

5

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

2

3

1

709

Reinsurance losses

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
FORM BE-45 (REV. 02/2024)

SCHEDULE A3 – Quarterly Reinsurance Transactions with Unaffiliated Foreign Persons
Are you reporting transactions with unaffiliated foreign persons ?
23000

3 13 ■ Yes

• 	If you checked “Yes” for transaction codes 1–4 in Column 3 of question 8 , and you had transactions of this type with unaffiliated foreign
persons , reporting below is mandatory.
• 	Report all currency amounts in thousands of dollars. Example: If the amount is $1,555,555.00 report as 1,556.
• 	Round amounts less than $500.00 to 0.
• 	To report additional countries, use the overflow sheet provided on page 21 (eFile users – select “Add overflow” from the survey selection page).
• 	For additional instructions, see Part V on page 19 of the General Instructions.
NOTE – Do not report reserve transfers or recaptures of reserves.
Transactions with unaffiliated foreign persons
BEA
USE
ONLY

Country

1. Total, lines 2–32 of this page

001

2.

002

3.

003

4.

004

5.

005

6.

006

7.

007

8.

008

9.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

025

26.

026

27.

027

28.

028

29.

029

30.

030

31.
32. Countries with which transactions

031

were less than $50,000.00 each, total 032

FORM BE-45 (REV. 02/2024)	

Reinsurance premiums
Transaction Code 1

Transaction Code 2

Transaction Code 3

Transaction Code 4

Quarterly premiums
earned on reinsurance
assumed

Quarterly premiums
incurred on reinsurance
ceded

Quarterly losses
incurred on reinsurance
assumed

Quarterly losses recovered on
reinsurance ceded

4

5

6

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

2

3

1

709

Reinsurance losses

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

4

000

5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5

000

6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

6

000

000
Page 12

Reporting Instructions for Schedule B

IMPORTANT – Only report transactions accrued during the reporting period. ONLY report transactions between the U.S. Reporter’s domestic operations
and foreign persons. DO NOT report transactions between the U.S. Reporter’s foreign affiliates and foreign persons, between the U.S. Reporter’s
domestic operations and other U.S. persons, or transactions between other U.S. persons and the U.S. Reporter’s foreign affiliates.
How to Report:
1)	Report all amounts in thousands of U.S. dollars (omitting 000). Round amounts less than $500.00 to 0. Do not enter amounts in the shaded portions of
each item.
Use the following Schedule B’s on pages 14-16 to report your quarterly primary and auxiliary insurance transactions based on your relationship
with the foreign person(s) (see page 8 for more information on reporting relationships):
Schedule

Relationship with the consolidated domestic U.S. Reporter

Page

B1

Foreign affiliates

14

B2

Foreign parent group

15

B3

Unaffiliated foreign persons

16

2) Enter the country(ies) of the transactor(s) in the first column of Schedule B .
3) Report the U.S. Reporter’s quarterly primary and auxiliary Insurance transactions with the foreign transactor in the appropriate column based on the 		
	 transaction type:
• Transaction Code 5 – Quarterly premiums earned on primary insurance sold
• Transaction Code 6 – Quarterly losses incurred on primary insurance sold
• Transaction Code 7 – Quarterly auxiliary insurance receipts
• Transaction Code 8 – Quarterly auxiliary insurance payments
Example:
The U.S. Reporter had a total of $6,325,000 in quarterly losses incurred on primary insurance sold to its foreign parent group in Switzerland.
B2

Foreign parent group

Page 15

Per the table above, losses incurred on primary insurance sold to the foreign parent group are reportable on Schedule B2 , which is on page 15.
On Schedule B2 , enter “Switzerland” from the dropdown box in column 1. Enter “6325” under transaction code 6.

Example
Transactions with foreign parent group
BEA
USE
ONLY

Country

1.

Switzerland

001

1

2

Primary insurance

Auxiliary insurance

Transaction Code 5

Transaction Code 6

Transaction Code 7

Transaction Code 8

Quarterly premiums
earned on primary
insurance sold

Quarterly losses
incurred on primary
insurance sold

Quarterly receipts

Quarterly payments

3

000

4

6325 000

5

000

6

000

Quarterly transactions should be calculated as follows:
For property and casualty insurance companies (Columns 3 and 4)
Report premiums (transaction code 5) as follows: Premiums written during the current quarter, plus unearned premiums at the beginning of the current
quarter, minus unearned premiums at the end of the current quarter. Report premiums net of cancellations. Report premiums gross of commissions and
profit commissions paid to or received from foreign persons, including commissions initially paid to or received from a U.S. intermediary (agent or broker)
of a foreign person.
Report losses incurred (transaction code 6) as follows: Losses paid during the quarter, plus case reserves at the end of the current quarter, plus losses
incurred but not reported at the end of the current quarter, minus case reserves at the beginning of the current quarter, minus losses incurred but not
reported at the beginning of the current quarter. Losses paid or recovered should not include loss adjustment expenses (reportable under transaction
codes 7 and 8).
For life insurance companies (Columns 3 and 4)
Report premiums earned (transaction code 5) as follows: These amounts should be adjusted for changes in due, deferred, and advanced premiums for
the current year. Report premiums gross of commissions and profit commissions paid to foreign persons, including commissions initially paid to a U.S.
intermediary (agent or broker) of a foreign person.
Calculate transaction code 6 as follows: Losses paid reflect policy claims on reinsurance assumed or ceded, adjusted for changes in claims due, unpaid,
and in the course of settlement.
Auxiliary insurance services (Columns 5 and 6)
Include agent’s commissions, insurance brokering and agency services, insurance consulting services, evaluation, allocated loss adjustment expenses, and
other adjustment services, actuarial services, salvage administration services, and regulatory and monitoring services on indemnities and recovery services.
Page 13	

FORM BE-45 (REV. 02/2024)

SCHEDULE B1 – Quarterly Primary and Auxiliary Insurance Transactions with Foreign Affiliates
Are you reporting transactions with foreign affiliates ?
1
31000 1 1 ■ Yes
• 	If you checked “Yes” to any of the transaction codes 5-8 in Column 3 of question 8 , and you had transactions of this type with your foreign
affiliates , reporting below is mandatory.
• 	Report all currency amounts in thousands of dollars. Example: If the amount is $1,555,555.00 report as 1,556.
• 	Round amounts less than $500.00 to 0.
• 	To report additional countries, use the overflow sheet provided on page 22 (eFile users – select “Add overflow” from the survey selection page).
• 	For additional instructions, see Part V on page 19 of the General Instructions.
NOTE — For transaction codes 5 and 6, only report premiums and losses related to primary (direct) insurance. Reinsurance premiums and losses
should be reported as transaction codes 1 and 2 on Schedule A  .
Transactions with foreign affiliates
Primary insurance
BEA
USE
ONLY

Country

1. Total, lines 2–32 of this page

001

2.

002

3.

003

4.

004

5.

005

6.

006

7.

007

8.

008

9.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

025

26.

026

27.

027

28.

028

29.

029

30.

030

31.
32. Countries with which transactions

were less than $50,000.00 each, total

FORM BE-45 (REV. 02/2024)	

031
032

Transaction Code 5

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

2

3

1

709

Transaction Code 6

Transaction Code 7

Transaction Code 8

Quarterly losses
incurred on primary
insurance sold

Quarterly receipts

Quarterly payments

Quarterly
premiums earned
on primary
insurance sold

1

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

Auxiliary insurance

4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

4

000

5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5

000

6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

6

000

000
Page 14

SCHEDULE B2 – Quarterly Primary and Auxiliary Insurance Transactions with the foreign parent group
Are you reporting transactions with your foreign parent group ?
1
32000 2 2 ■ Yes
• 	If you checked “Yes” to any of the transaction codes 5-8 in Column 3 of question 8 , and you had transactions of this type with your foreign
parent group , then reporting below is mandatory.
• 	Report all currency amounts in thousands of dollars. Example: If the amount is $1,555,555.00 report as 1,556.
• 	Round amounts less than $500.00 to 0.
• 	To report additional countries, use the overflow sheet provided on page 22 (eFile users – select “Add overflow” from the survey selection page).
• 	For additional instructions, see Part V on page 19 of the General Instructions.
NOTE — For transaction codes 5 and 6, only report premiums and losses related to primary (direct) insurance. Reinsurance premiums and losses
should be reported as transaction codes 1 and 2 on Schedule A  .
Transactions with foreign parent group
Primary insurance
BEA
USE
ONLY

Country

1. Total, lines 2–32 of this page

001

2.

002

3.

003

4.

004

5.

005

6.

006

7.

007

8.

008

9.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

025

26.

026

27.

027

28.

028

29.

029

30.

030

31.
32. Countries with which transactions

031

were less than $50,000.00 each, total

Page 15	

032

Transaction Code 5

Transaction Code 6

Transaction Code 7

Transaction Code 8

Quarterly
premiums earned
on primary insurance
sold

Quarterly losses
incurred on primary
insurance sold

Quarterly receipts

Quarterly payments

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

2

3

1

709

Auxiliary insurance

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

4

000

5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5

000

6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

6

000

000
FORM BE-45 (REV. 02/2024)

SCHEDULE B3 – Quarterly Primary and Auxiliary Insurance Transactions with Unaffiliated Foreign Persons
Are you reporting transactions with unaffiliated foreign persons ?
1
33000 3 3 ■ Yes
• 	If you checked “Yes” to any of the transaction codes 5-8 in Column 3 of question 8 , and you had transactions of this type with unaffiliated
foreign persons , then reporting below is mandatory.
• 	Report all currency amounts in thousands of dollars. Example: If the amount is $1,555,555.00 report as 1,556.
• 	Round amounts less than $500.00 to 0.
• 	To report additional countries, use the overflow sheet provided on page 22 (eFile users – select “Add overflow” from the survey selection page).
• 	For additional instructions, see Part V on page 19 of the General Instructions.
NOTE — For transaction codes 5 and 6, only report premiums and losses related to primary (direct) insurance. Reinsurance premiums and losses
should be reported as transaction codes 1 and 2 on Schedule A  .
Transactions with unaffiliated foreign persons
Primary insurance
BEA
USE
ONLY

Country

1. Total, lines 2–32 of this page

001

2.

002

3.

003

4.

004

5.

005

6.

006

7.

007

8.

008

9.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

025

26.

026

27.

027

28.

028

29.

029

30.

030

31.
32. Countries with which transactions

031

were less than $50,000.00 each, total

FORM BE-45 (REV. 02/2024)	

032

Transaction Code 5

Transaction Code 6

Transaction Code 7

Transaction Code 8

Quarterly premiums
earned on primary
insurance sold

Quarterly losses
incurred on primary
insurance sold

Quarterly receipts

Quarterly payments

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

2

3

1

709

Auxiliary insurance

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

4

000

5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5

000

6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

6

000

000
Page 16

GENERAL INSTRUCTIONS
Public reporting burden for this BE-45 report is estimated to average 9
hours per response. This burden includes time for reviewing instructions,
searching existing data sources, gathering and maintaining the data needed,
and completing and reviewing the collection of information. Send comments
regarding this burden estimate to Director, Bureau of Economic Analysis
(BE-1), 4600 Silver Hill Rd., Washington, DC 20233; and to the Office
of Management and Budget, Paperwork Reduction Project 0608-0066,
Washington, DC 20503.
Purpose — Reports on this form are required to obtain reliable and up-to-date
information on transactions between U.S. insurance companies and foreign
persons. The data will be used in compiling the U.S. international transactions
accounts and the national income and product accounts. The information will
also be used to formulate U.S. policy and to analyze the impact of that policy,
and the policies of foreign countries, on such international transactions.
Authority — This survey is being conducted under the authority of the
International Investment and Trade in Services Survey Act (P.L. 94-472, 90
Stat. 2059, 22 U.S.C. 3101-3108, as amended – hereinafter “the Act”), and
the filing of reports is mandatory under section 5(b)(2) of the Act (22 U.S.C.
3104). Regulations for the survey may be found in 15 CFR Part 801. The
survey has been approved by the Office of Management and Budget (OMB)
under the Paperwork Reduction Act (44 U.S.C. 3501, et seq).
Penalties — Persons who fail to report may be subject to a civil penalty and
to injunctive relief commanding such person to comply, or both. These civil
penalties are subject to inflationary adjustments. Those adjustments are
found in 15 CFR 6.4. Whoever willfully fails to report shall be fined, and, if
an individual, may be imprisoned for not more than one year, or both. Any
officer, director, employee, or agent of any entity who knowingly participates
in such violations, upon conviction, may be punished by a like fine,
imprisonment, or both. (See 22 U.S.C. 3105.) Notwithstanding the above, a
U.S. person is not subject to any penalty for failure to report if a valid Office
of Management and Budget (OMB) control number is not displayed on the
form. The control number for Form BE-45 (0608-0066) is displayed at the
top of the first page of this form.
Confidentiality — The Act provides that your report to this Bureau is
confidential and may be used only for analytical and statistical purposes.
Without your prior written permission, the information filed in your report
cannot be presented in a manner that allows it to be individually identified.
Your report cannot be used for purposes of taxation, investigation, or
regulation. Copies retained in your files are immune from legal process. Per
the Cybersecurity Enhancement Act of 2015, your data are protected from
Cybersecurity risks through security monitoring of BEA information systems.
I. WHO IS TO REPORT AND GENERAL COVERAGE
A. 	 Who must report — A response is required from each U.S. insurance
company that was notified by BEA about the survey.
1. 	 Mandatory reporting, voluntary reporting, and exemptions
a. Mandatory reporting
	 A complete BE-45 report is required from each U.S. insurance
company that engaged in reinsurance transactions with foreign
persons, that earned premiums from, or incurred losses to, foreign
persons in the capacity of primary insurers, or that engaged in
international sale or purchase transactions in services auxiliary
to insurance. Filing is mandatory if the U.S. Reporter’s combined
reportable transactions exceeded $8 million (based on absolute value)
in the previous calendar year or are expected to exceed that amount
during the current calendar year, on an accrual basis: (1) premiums
earned, and (2) losses, on reinsurance assumed; (3) premiums
incurred, and (4) losses, on reinsurance ceded; (5) premiums earned,
and (6) losses, on primary insurance sold; (7) sales of, and (8)
purchases of, auxiliary insurance services.
b. Voluntary reporting
	

If, in the previous year, combined reportable transactions were $8
million or less (based on absolute value), on an accrual basis, and are

Page 17	

expected to be less than that amount in the current year, then the U.S.
insurance company may report transactions at a country and affiliation
level of detail on the applicable mandatory schedule(s). Provision of
this additional detail is voluntary. The estimates may be judgmental,
that is, based on recall, without conducting a detailed records search.
c. 	 Exemption
	

A U.S. insurance company receiving this form from BEA is not
required to report data if transactions fall below the threshold
described in Part I.A.1.a. However, it must complete and return the
survey through page 6.

B. 	 Consolidation — A U.S. enterprise should file a single Form BE-45
covering combined (total) insurance services transactions of all its
domestic subsidiaries, and parts, that are insurance services providers.
1. 	 Consolidating unincorporated enterprises
Consolidate into your BE-45 report the transactions of unincorporated
enterprises in which your company has voting control. Please see
the following items on determining the voting interest in typical
unincorporated enterprises.
Partnerships – Most partnerships are either general partnerships or 	
limited partnerships. Consolidation of partnerships and inclusion of 	
their insurance services transactions (purchases and sales) on the 	
BE-45 survey is based on voting control.
a.	 General partnerships
Determination of voting interest – The determination of the
percentage of voting interest of a general partner is based on who
controls the partnership. The percentage of voting interest is not
based on the percentage of ownership in the partnership’s equity.
The general partners are presumed to control a general partnership.
Unless a clause to the contrary is contained in the partnership
agreement, a general partnership is presumed to be controlled
equally by each of the general partners.
Managing partners – If one general partner is designated as the
managing partner, responsible for the day-to-day operations of
the partnership, this does not necessarily transfer control of the
partnership to the managing partner. If the managing partner must
obtain approval for annual operating budgets and for decisions
relating to significant management issues from the other general
partners, then the managing partner does not have a 100 percent
voting interest in the partnership.
b.	 Limited partnerships
Determination of voting interest – The determination of the
percentage of voting interest in a limited partnership is based on
who controls the partnership. The percentage of voting interest is not
based on the percentage of ownership in the partnership’s equity.
In most cases, the general partner is presumed to control a limited
partnership, and therefore, have a 100 percent voting interest in
the limited partnership. If there is more than one general partner,
the partnership is presumed to be controlled equally by each of the
general partners, unless a clause to the contrary is contained in the
partnership agreement. Therefore, unless a clause to the contrary
is contained in the partnership agreement, limited partners are
presumed to have zero voting interest in a limited partnership.
Managing partners – See discussion under “General Partnerships”
above.
c.	 Limited Liability Companies (LLCs)
Determination of voting interest – The determination of the percentage
of voting interest in an LLC is based on who controls the LLC. The
percentage of voting interest is not based on the percentage of
ownership in the LLC’s equity. LLCs are presumed to be controlled
equally by each of its members (owners), unless a clause to the
contrary is contained in the articles of organization or in the operating
agreement.
Managing member – If one member is designated as the managing
member responsible for the day-to-day operations of the LLC, this does
not necessarily transfer control of the LLC to the managing member.
If the managing member must obtain approval for annual operating

FORM BE-45 (REV. 02/2024)

	

GENERAL INSTRUCTIONS — Continued
budgets and for decisions relating to other significant management issues
from the other members, then the managing member does not have a
100 percent voting interest in the LLC.
C.	 Transactions involving a broker — At times, insurance transactions
between a U.S. person and a foreign person may be arranged by, billed
through, or otherwise facilitated by, a broker, agent, or intermediary. In
order to avoid duplication, the data should be reported by the insurance
company assuming the risk or recovering or paying the loss. Brokers,
agents, and intermediaries are generally not to report.
II. WHAT TO REPORT
A. 	Report transactions with affiliated foreign persons as well as with
unaffiliated foreign persons (Part V. for more information on reporting
relationships). File separate schedules to report transactions with
(1) your foreign affiliates, (2) your foreign parent group, and (3)
unaffiliated foreign persons.
B. 	Report transactions with alien insurance groups, whether or not funds
remitted to and from these organizations are cleared through their
American trust funds.
C. 	Note that the criterion for reporting is whether the transaction is between
a U.S. person and a foreign person. It is immaterial whether the assets
insured are located in the United States or abroad.
D. 	Report transactions with U.S. affiliates of foreign firms for the account of
their foreign parent firm. (Report them on the schedule covering your
transactions with unaffiliated foreign persons.)
E. 	 Report transactions with foreign persons made by your foreign affiliate for
your account. (Report them on the schedule covering your transactions
with unaffiliated foreign persons.)
III. WHAT NOT TO REPORT
A. 	 Finite insurance and finite reinsurance — Finite insurance and
reinsurance contracts transfer a limited amount of insurance risk from
the policyholder to the insurer with the policyholder retaining a significant
portion of that risk. Contract terms and features that can limit the transfer
of insurance risk include the following: (1) Contract terms that result
in the premium paid by the policyholder plus anticipated investment
income earned by the insurer on that premium approximately equaling
the reimbursements (including claim recoveries and any contract
adjustments) expected by the policyholder from the insurer, (2) Adjustable
features that result in profit-and-loss sharing arrangements between the
policyholder and the insurer, (3) A contract coverage period that extends
beyond one year and premiums for subsequent periods that may depend
on the loss experience of earlier years, (4) Limits on the amount of claims
to be paid by the insurer, (5) Loss corridors that limit or eliminate the risk
of loss for a specified percentage or dollar amount of claims within the
range of contract coverage, (6) Favorable contract termination provisions,
for example, that would result in a loss to the policyholder, (7) Premiums
that are a substantial percentage of the maximum coverage provided.
Types of finite insurance include, but are not limited to, loss portfolio
transfers, adverse development coverages, and spread loss coverages.
There may be other types of finite reinsurance that are not explicitly listed
but are substantially identical in function and should not be reported on
the survey as well.
B. 	Do not report reserve transfers or recaptures of reserves on the inception
or termination of reinsurance contracts. Such amounts do not represent
the provision of a service, and should be excluded from reporting on the
BE-45 survey. Only include current premiums on transferred amounts.
C. 	Do not report transactions with U.S. affiliates of foreign firms for their
own account. Transactions with these U.S. affiliates are considered
domestic-to-domestic for purposes of this survey.
D. 	Do not report transactions with foreigners made by your foreign affiliates
for their own account.
E. 	 Do not report premiums to, or losses from, foreign insurance companies

FORM BE-45 (REV. 02/2024)	

on primary or direct insurance. Premiums on such insurance purchased
from foreign insurance companies are to be reported on Form BE-120,
Benchmark Survey of Transactions in Selected Services and Intellectual
Property with Foreign Persons, and Form BE-125, Quarterly Survey of
Transactions in Selected Services and Intellectual Property with Foreign
Persons.
IV. DEFINITIONS
A. 	 Insurance companies, for purposes of this survey, includes insurance
carriers of all types and groups of such companies.
B. 	 United States, when used in a geographic sense, means the several
states, the District of Columbia, the Commonwealth of Puerto Rico, and
all the territories and possessions of the United States. NOTE: The U.S.
Virgin Islands and Guam are territories of the United States.
C. 	 Foreign, when used in a geographic sense, means that which
is situated outside the United States or which belongs to or is
characteristic of a country other than the United States.
D. 	 Person means any individual, branch, partnership, associated group,
association, estate, trust, corporation, or other organization (whether
or not organized under the laws of any State), and any government
(including a foreign government, the U.S. Government, a State or local
government, and any agency, corporation, financial institution, or other
entity or instrumentality thereof, including a government-sponsored
agency).
1. United States person means any person resident in the United
States or subject to the jurisdiction of the United States.
2. Foreign person means any person resident outside the United
States or subject to the jurisdiction of a country other than the United
States.
E. 	 Business enterprise means any organization, association, branch, or
venture which exists for profit making purposes or to otherwise secure
economic advantage, and any ownership of any real estate. (A business
enterprise is a “person” within the definition in paragraph D above.)
F. 	 Direct investment means the ownership or control, directly or
indirectly, by one person of 10 percent or more of the voting stock of an
incorporated business enterprise or an equivalent ownership interest in
an unincorporated business enterprise.
G. 	Parent means a person of one country who, directly or indirectly, owns
or controls 10 percent or more of the voting stock of an incorporated
business enterprise or an equivalent ownership interest in an
unincorporated business enterprise, which is located outside that country.
1. U.S. parent means the U.S. person that has direct investment in a
foreign business enterprise.
2. Foreign parent means the foreign person, or the first person outside
the United States in a foreign chain of ownership, which has direct
investment in a U.S. business enterprise, including a branch.
H. Foreign parent group means: (i) the foreign parent, which is the first
entity outside the United States in a foreign chain of ownership, which
owns at least 10 percent (based on voting interest), directly or indirectly,
of the consolidated domestic U.S. business enterprise. (ii) any foreign
entity, proceeding up the foreign parent’s ownership chain, which owns
more than 50 percent of the entity below it up to and including that entity
which is not owned more than 50 percent by another foreign entity, and
(iii) any foreign entity, proceeding down the ownership chain(s) of each
of these members, which is owned more than 50 percent by the entity
above it.
I. 	 Affiliate means a business enterprise located in one country which is
directly or indirectly owned or controlled by a person of another country
to the extent of 10 percent or more of its voting stock for an incorporated
business or an equivalent interest for an unincorporated business,
including a branch.
1. Foreign affiliate means an affiliate located outside the United States
in which a U.S. person has direct investment.

Page 18

GENERAL INSTRUCTIONS — Continued
2. U.S. affiliate means an affiliate located in the United States in which a
foreign person has direct investment.
J. 	 Foreign affiliate of a foreign parent means, with reference to a given
U.S. affiliate, any member of the foreign parent group owning the U.S.
affiliate that is not a foreign parent of the U.S. affiliate.
K. 	 Affiliated foreign person means, with respect to a given U.S. person
in a direct investment relationship, (i) a foreign affiliate of which the U.S.
person is a U.S. parent, or (ii) the foreign parent or other member of the
foreign parent group of which the U.S. person is a U.S. affiliate.
L. 	 Unaffiliated foreign person means, with respect to a given U.S. person,
any foreign person that is not an affiliated foreign person as defined in
paragraph K above.
M. 	Country means the country of location of the foreign person with whom a
transaction has occurred.
V. OTHER INSTRUCTIONS
A. Distinguishing between unaffiliated and affiliated transactions
This survey covers U.S. insurance companies’ direct transactions with
affiliated and unaffiliated foreign persons.
Examples of affiliated transactions are:
1. 	A transaction between a U.S. insurance company (U.S. parent) and its
foreign affiliate.
2. 	A transaction between a U.S. insurance company (U.S. affiliate) and
its foreign parent(s) or member(s) of the foreign parent group(s).
Examples of unaffiliated transactions are:
1. 	A transaction between a U.S. insurance company and an unaffiliated
foreign person.
2. A transaction between one U.S. insurance company and another U.S.
insurance company’s foreign affiliate. Such a transaction is reportable by
the first U.S. insurance company.
Examples of transactions that are not reportable are:
1. 	A transaction between a U.S. affiliate of a foreign parent and another
U.S. person.

COMPANY A (Germany)
Foreign Parent of the
Consolidated Domestic U.S.
Reporter

COMPANY B
(Germany)

Member of Foreign Parent
Group

49% owned by
Company A
Unaffiliated Foreign
Person
NOTE: “Company B” is not
part of the foreign parent
group since it is not owned,
nor does it own another foreign entity, more than 50 percent within the foreign ownership chain. Also, “Company
B” is not a foreign affiliate of
the Consolidated domestic
U.S. Reporter since it is not
owned at least 10 percent by
the Consolidated domestic
U.S. Reporter.

Owns 100% of Company C,
and the Consolidated U.S.
Reporter

Owns >10% of Companies D,
E and F

Company D’s transactions
with foreign persons are
consolidated into the U.S.
Reporter’s BE-45 filing

Foreign Affiliate

Member of Foreign
Parent Group

(The U.S. person filing this
BE-45)

Subsidiary, owned 100%
by Consolidated
domestic U.S. Reporter

20% owned by
Consolidated
domestic U.S.
Reporter

Wholly owned by
Company A

CONSOLIDATED
DOMESTIC U.S. REPORTER

COMPANY D (USA)

COMPANY E
(Mexico)

COMPANY C
(France)

COMPANY F
(United Kingdom)
50% owned by
Consolidated
domestic U.S.
Reporter
Foreign Affiliate

COMPANY G
(Switzerland)

COMPANY H
(Ghana)

5% owned by Consolidated domestic
U.S. Reporter

No ownership
relationship with
any other company

Unaffiliated Foreign
Person

Unaffiliated Foreign
Person

2. 	A transaction between a U.S. parent’s foreign affiliate and another
foreign person.
B. Understanding the U.S. insurance company’s relationship with foreign
persons
The relationship between the U.S. Reporter and the foreign persons fall
into one of three categories:
Foreign affiliates – A foreign affiliate is defined as an entity domiciled in
a foreign country that is owned at least 10 percent, directly or indirectly, by
the U.S. Reporter.
Foreign parent group means all of the following:
(i)	 the foreign parent, which is the first entity outside the United States in
a foreign chain of ownership, that owns at least 10 percent (based on
voting interest), directly or indirectly, of the consolidated domestic U.S.
business enterprise.
(ii)	 any foreign entity proceeding up the foreign parent’s ownership
chain, that owns more than 50 percent of the entity below it up to and
including the entity that is not owned more than 50 percent by another
foreign entity,
(iii)	any foreign entity that, proceeding down the ownership chain(s) of each of
these members, is owned more than 50 percent by the entity above it.
Unaffiliated foreign persons – An unaffiliated foreign person is an entity
domiciled abroad that is not owned, or is owned less than ten percent,
directly or indirectly, by the U.S. Reporter or the U.S. Reporter’s foreign
parent.
The diagram in the next column illustrates each of these relationships with
regards to the U.S. Reporter.

Page 19	

VI. SPECIFIC ITEM INSTRUCTIONS

Schedule A
How to calculate transaction codes 1–4
NOTE – Do not include transfers of reserves, and/or recaptures of reserves, on Schedule A. Such transactions should be excluded from reporting on the BE-45 survey. If you have reported these transactions in your
data during previous quarters, please provide details about the timing and
amount of the transactions in the comment box provided on page 6 of this
survey. Only report current premiums on transferred amounts.
For property and casualty insurance companies
Calculate transaction codes 1 and 2 as follows: Premiums written
(transaction code 1) or ceded (transaction code 2) during the quarter,
plus unearned premiums at the beginning of the quarter, minus unearned
premiums at the end of the quarter. Report premiums net of cancellations.
Report premiums gross of commissions and profit commissions paid to or
received from foreign persons, including commissions initially paid to or
received from a U.S. intermediary (agent or broker) of a foreign person.
Calculate transaction codes 3 and 4 as follows: Losses paid (transaction
code 3) or recovered (transaction code 4) during the quarter, plus case
reserves at the end of the quarter, plus losses incurred but not reported at
the end of the quarter, minus case reserves at the beginning of the quarter,
minus losses incurred but not reported at the beginning of the quarter.
Losses paid or recovered should not include loss adjustment expenses
(reportable on Schedule B).

FORM BE-45 (REV. 02/2024)

GENERAL INSTRUCTIONS — Continued
For life insurance companies
Premiums received (transaction code 1) and paid (transaction code 2) reflect
premiums accrued on reinsurance assumed from or ceded to insurance
companies resident abroad. These amounts, therefore, are adjusted for
changes in due, deferred, and advanced premiums for each quarter. Report
premiums gross of commissions and profit commissions paid to or received
from foreign persons, including commissions initially paid to or received from
a U.S. intermediary (agent or broker) of a foreign person.
Losses paid (transaction code 3) and recovered (transaction code 4) reflect
policy claims on reinsurance assumed or ceded, adjusted for changes in
claims due, unpaid, and in the course of settlement.

E. 	 Rounding — Report currency amounts in U.S. dollars rounded to
thousands (omitting 000). For example, if the amount is $1,334,515.00,
report it as $1,335.
F. 	 Estimates — If actual figures are not available, report estimates and
label them as such. When data items cannot be fully subdivided as
required, report totals and an estimated breakdown of the totals.
G. 	Original and file copies — File a single original copy of the form. In
addition, retain a copy of the report in your files to facilitate resolution
of problems; these copies should be retained by the U.S. Reporter for a
period of not less than three years beyond the original due date.
H. 	Where to send the report – To file a report electronically, see our web
site at www.bea.gov/efile for details.

Schedule B
How to calculate transaction codes 5 and 6

Send reports through the U.S. Postal Service to:
Bureau of Economic Analysis
Balance of Payments Division, BE-50 (SSB)
4600 Silver Hill Road
Washington, DC 20233

For property and casualty insurance companies
Report premiums (transaction code 5) as follows: Premiums written during
the current quarter, plus unearned premiums at the beginning of the current
quarter, minus unearned premiums at the end of the current quarter. Report
premiums net of cancellations. Report premiums gross of commissions
and profit commissions paid to or received from foreign persons, including
commissions initially paid to or received from a U.S. intermediary (agent or
broker) of a foreign person.
Report losses incurred (transaction code 6) as follows: Losses paid during
the quarter, plus case reserves at the end of the current quarter, plus losses
incurred but not reported at the end of the current quarter, minus case
reserves at the beginning of the current quarter, minus losses incurred but
not reported at the beginning of the current quarter. Losses paid or recovered
should not include loss adjustment expenses (reportable under transaction
codes 7 and 8).

Send reports filed by direct private express delivery to:
Bureau of Economic Analysis
Balance of Payments Division, BE-50 (SSB)
4600 Silver Hill Road
Suitland, MD 20746
	

Fax reports to: (301) 278-9506

For life insurance companies
Report premiums earned (transaction code 5). These amounts should be
adjusted for changes in due, deferred, and advanced premiums for the
current year. Report premiums gross of commissions and profit commissions
paid to foreign persons, including commissions initially paid to a U.S.
intermediary (agent or broker) of a foreign person.
Calculate transaction code 6 as follows: Losses incurred reflect policy claims
on direct insurance assumed, adjusted for changes in claims due, unpaid,
and in the course of settlement.
How to calculate transaction codes 7 and 8 (all companies)
Include agent’s commissions, insurance brokering and agency services,
insurance consulting services, evaluation, allocated loss adjustment
expenses, and other adjustment services, actuarial services, salvage
administration services, and regulatory and monitoring services on
indemnities and recovery services.
VI. REPORTING PROCEDURES
A. 	 Due date — A completed BE-45 is due within 30 days of the close of
each calendar quarter, except the final quarter of the calendar year, when
the reports are due within 45 days of the close of the calendar year.
B. 	 Calendar year — For the purposes of this form, you must report on
a calendar year basis. For example, your fourth quarter report is your
reporting quarter that ends in the fourth calendar quarter.
C. 	 Extension — A written request for an extension will be considered if it is
received at least 15 days before the due date. You may fax the request to
(301) 278-9506 or e-mail the request to [email protected]. BEA
will provide a written response to such a request.
D. 	 Assistance and additional copies of the forms — Phone (301) 2789303 for assistance, or send an email to [email protected]. Copies of
BEA survey forms are also available on BEA’s web site: www.bea.gov/ssb.

FORM BE-45 (REV. 02/2024)	

Page 20

OVERFLOW SHEET FOR  Schedule A  OF FORM BE-45, QUARTERLY SURVEY OF INSURANCE
TRANSACTIONS BY U.S. INSURANCE COMPANIES WITH FOREIGN PERSONS
Company Name _________________________________

BE-45 Identification Number________________

Form BE-45 Schedule A

	

Overflow Page # ___ of ___

This schedule covers transactions with — Check (X) one
1 11 ■ Foreign affiliates

2 12 ■ Foreign parent group

3 13 ■ Unaffiliated foreign persons
Reinsurance premiums

BEA
USE
ONLY

Country

01. Country total for this page
(sum of 02–23). . . . . . . . . . . . . . . .

1

2

Transaction code 1

Transaction code 2

Transaction code 3

Transaction code 4

Quarterly premiums
earned on
reinsurance
assumed

Quarterly premiums
incurred on
reinsurance
ceded

Quarterly losses
incurred on
reinsurance
assumed

Quarterly losses
recovered on
reinsurance
ceded

3

4

000
1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

02.

4

000

05.

08.

12.

16.

20.

000

000

000
6

000
5

000

000
6

5

4

000
6

000

000

000
000

000
5

4

000
6

5

000

000

22.

000

000
4

000
6

5

4

000

21.

000

000

000

000
6

5

4

000
6

000

000

000

19.

000
5

4

000
6

5

000

000

18.

000

000
4

000
6

5

4

000

17.

000

000

000

000
6

5

4

000
6

000

000

000

15.

000
5

4

000
6

5

000

000

14.

000

000
4

000
6

5

4

000

13.

000

000

000

000
6

5

4

000
6

000

000

000

11.

000
5

4

000
6

5

000

000

10.

000

000
4

000
6

5

4

000

09.

000

000

000

000
6

5

4

000
6

000

000

000

07.

000
5

4

000
6

5

000

000

06.

000

000
4

000
6

5

4

000

6

000
5

4

000

04.

5

000

000

03.

23.

Reinsurance losses

000
6

000

000

NOTE — You may use this Overflow Sheet if there is insufficient space on the Form BE-45, Schedule A  , to list every individual foreign
country with which you had transactions.

Page 20

FORM BE-45 (REV. 02/2024)

OVERFLOW SHEET FOR  Schedule B  OF FORM BE-45, QUARTERLY SURVEY OF INSURANCE
TRANSACTIONS BY U.S. INSURANCE COMPANIES WITH FOREIGN PERSONS
Company Name ___________________________________ BE-45 Identification Number________________
Form BE-45 Schedule B

	

Overflow Page # ___ of ___

This schedule covers transactions with — Check (X) one
1 11 ■ Foreign affiliates

2 12 ■ Foreign parent group

3 13 ■ Unaffiliated foreign persons

BEA
USE
ONLY

Country

01. Country total for this page
(sum of rows 02–23).....................

Primary insurance

Auxiliary insurance

Transaction Code 5 Transaction Code 6

Transaction Code 7 Transaction Code 8

Quarterly premiums
earned on primary
insurance sold

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

4

000

02.

000

07.

11.

15.

19.

000

000

000
6

000
5

000

000
6

5

4

000

000

000

000

000
6

5

4

000
6

000

000

000

22.

000
5

4

000
6

5

000

000

21.

000

000
4

000
6

5

4

000

20.

000

000

000

000
6

5

4

000
6

000

000

000

18.

000
5

4

000
6

5

000

000

17.

000

000
4

000
6

5

4

000

16.

000

000

000

000
6

5

4

000
6

000

000

000

14.

000
5

4

000
6

5

000

000

13.

000

000
4

000
6

5

4

000

12.

000

000

000

000
6

5

4

000
6

000

000

000

10.

000
5

4

000
6

5

000

000

09.

000

000
4

000
6

5

4

000

08.

000

000

000

000
6

5

4

000
6

000

000

000

06.

000
5

4

000
6

5

000

000

05.

000

000
4

Quarterly payments

6

5

4

000

04.

Quarterly receipts

5

4

000

03.

23.

Quarterly losses
incurred on primary
insurance sold

000
6

000

000

NOTE — You may use this Overflow Sheet if there is insufficient space on the Form BE-45, Schedule B , to list every individual foreign
country with which you had transactions.

FORM BE-45 (REV. 02/2024)	

Page 21


File Typeapplication/pdf
File Titleuntitled
File Modified2024-09-04
File Created2024-03-07

© 2024 OMB.report | Privacy Policy