The BE-140 covers insurance transactions between U.S. insurance companies and foreign persons for:

  1. Premiums earned on reinsurance assumed from companies resident abroad;
  2. Losses incurred on reinsurance assumed from companies resident abroad;
  3. Premiums paid for reinsurance ceded to companies resident abroad;
  4. Losses recovered on reinsurance ceded to companies resident abroad;
  5. Premiums earned from direct insurance sold to foreign persons;
  6. Losses incurred on direct insurance sold to foreign persons;
  7. Receipts for auxiliary insurance services provided to foreign persons; and
  8. Payments for auxiliary insurance services provided by foreign persons.
Published