Get Form Cr-s Part 1 Section 1 Totals - Scc Virginia

Filling out the Form CR-S Part 1 Section 1 is essential for reporting reinsurance assumed for life insurance, annuities, deposit funds, and other liabilities in Virginia. This guide provides you with user-friendly, step-by-step instructions to navigate the online process with ease.

Follow the steps to fill out the form correctly

1. Click ‘Get Form’ button to obtain the form and open it in your online editor.
2. In the first section, enter the company code or ID number in the designated field to identify the reinsured company.
3. Input the effective date, which represents when the information is valid, in the appropriate field.
4. Provide the name of the reinsured company in the corresponding field for clarity.
5. In the location section, specify where the reinsured company is based.
6. Indicate the type of reinsurance assumed in the available field; this defines the category of reinsurance relevant to your entry.
7. For the 'Amount of In Force at End of Year' field, enter the total amount of reinsurance that was active at the end of the previous year.
8. Fill in the reserve field, which records the amount set aside for future claims.
9. Input the premiums collected under the reinsurance agreement.
10. State the reinsurance payable on paid and unpaid losses in the respective fields to reflect liabilities.
11. Include the modified coinsurance reserve and funds withheld under coinsurance where specified.
12. Review all entries for accuracy, then save your changes. You can also download, print, or share the filled form according to your needs.

Complete your documents online to ensure compliance and accuracy.