What Does FAS 5 Mean?

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What does FAS 5 mean? Read on to discover the definition & meaning of the term FAS 5 - to help you better understand the language used in insurance policies.

FAS 5

FAS 5

Standards for recording for contingencies. FAS 5 prevents captives from setting up catastrophe or equalization reserves.

We hope the you have a better understanding of the meaning of FAS 5.

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