---
kind: "range"
citation: "17 C.F.R. §§ 210.7-01–210.7-05"
title: "17"
from: "210.7-01"
to: "210.7-05"
count: 5
url: "https://uscodex.org/cfr/17/210.7-01..210.7-05"
---

# §210.7-01. Application of §§ 210.7-01 to 210.7-05.


This article shall be applicable to financial statements filed for insurance companies.


# §210.7-02. General requirement.

- (a) The requirements of the general rules in [§§ 210.1-01 to 210.4-10](/cfr/17/210.1-01..210.4-10.md) (Articles 1, 2, 3, 3A and 4) shall be applicable except where they differ from requirements of [§§ 210.7-01 to 210.7-05](/cfr/17/210.7-01..210.7-05.md).
- (b) Financial statements filed for mutual life insurance companies and wholly owned stock insurance company subsidiaries of mutual life insurance companies may be prepared in accordance with statutory accounting requirements. Financial statements prepared in accordance with statutory accounting requirements may be condensed as appropriate, but the amounts to be reported for net gain from operations (or net income or loss) and total capital and surplus (or surplus as regards policyholders) shall be the same as those reported on the corresponding Annual Statement.

# §210.7-03. Balance sheets.

- (a) The purpose of this rule is to indicate the various items which, if applicable, and except as otherwise permitted by the Commission, should appear on the face of the balance sheets and in the notes thereto filed for persons to whom this article pertains. (See [§ 210.4-01(a)](/cfr/17/210.4-01.md?p=a).)

# §210.7-04. Statements of comprehensive income.


The purpose of this section is to indicate the various items which, if applicable, should appear on the face of the statements of comprehensive income and in the notes thereto filed for persons to whom this article pertains. (See [§ 210.4-01(a)](/cfr/17/210.4-01.md?p=a).)


# §210.7-05. What schedules are to be filed.

- (a) **Except as expressly provided otherwise in the applicable form—**
  - (1) The schedule specified below in this section as Schedules I shall be as of the date of the most recent audited balance sheet for each person or group.
  - (2) The schedules specified in this section as Schedule IV and V shall be filed for each period for which an audited statement of comprehensive income is required to be filed for each person or group.
  - (3) Schedules II, III and V shall be filed as of the date and for periods specified in the schedule.
- (b) When information is required in schedules for both the registrant and the registrant and its subsidiaries consolidated it may be presented in the form of a single schedule: Provided, That items pertaining to the registrant are shown separately and that such single schedule affords a properly summarized presentation of the facts. If the information required by any schedule (including the notes thereto) may be shown in the related financial statement or in a note thereto without making such statement unclear or confusing, that procedure may be followed and the schedule omitted.
- (c) The schedules shall be examined by the independent accountant.