List of Overseas Accredited/Trusteed Reinsurers
Treasury authorized companies ceding to these Reinsurers should continue to report the cessions as unauthorized on the Treasury Schedule F, Part 1, and, at the same time, take credit on the Treasury Schedule F, Part 2, for funds held in the multi-beneficiary trust accounts established in the U.S.
Business ceded to the Reinsurers which is not covered by the Trust Account, and not otherwise offset by other funds held, will continue to be included in any applicable Schedule F penalty.
Also, please note these trust accounts cannot be used to protect excess risks reported on FS Form 285-A.