NU Online News Service, Dec. 31, 2003, 5:42 p.m. EST – The Bureau of Economic Analysis is starting to conduct quarterly surveys of U.S. companies’ sales of insurance, reinsurance and related services to foreign persons.[@@]
The BEA, an arm of the U.S. Department of Commerce, already conducts an annual survey of exports of insurance products and services.
The BEA will be moving to a quarterly schedule in early 2004 to increase the amount of data available to help it analyze the economic effects of insurance exports, improve U.S. economic accounts and promote U.S. insurance exports, according to an announcement published in the latest edition of the Federal Register.