Regulations for the Accounting Arrangement and Procedure of Submitting Business and Financial Reports of Compulsory Automobile Liability Insurance Article 8

In transmitting information to the institutions (organizations) designated by the competent authority, an insurer shall observe the following principles:1. Before a business department provides data on premium income, claims payment, and other data relating to accounting records for this Insurance, it shall have the reasonableness of its account entries for the aforementioned data verified by an accounting department.2. The business department and the accounting department shall respectively verify the reasonableness between the statistic information published by the institutions (organizations) designated by the competent authority subject to the preceding subparagraph and the data originally provided.3. If there is any inconsistency between the data of the preceding two subparagraphs, the business department and the accounting department shall jointly verify the reason and provide a correction or an explanation that will rationalize the inconsistency, then file the results of their work with the institutions (organizations) designated by the competent authority.