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According to Securities and Exchange Commission (SEC), “the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting shares, by contract, or otherwise†is called:
The organizations in which the ownership and control of operations are vested in the policyholders are known as:
What represent the ownership interests in the net assets of the subsidiary held by persons outside the controlling entities’ structure?
The financial statements of which accounts maintained by insurance company that must be presented separately from the insurance company’s general account business?