[Federal Register Volume 71, Number 119 (Wednesday, June 21, 2006)]
[Notices]
[Page 35609]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-9686]


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DEPARTMENT OF COMMERCE


Submission for OMB Review; Comment Request

    The Department of Commerce (DOC) has submitted to the Office of 
Management and Budget (OMB) for clearance the following proposal for 
collection of information under the provisions of the Paperwork 
Reduction Act (44 U.S.C. Chapter 35).
    Agency: Bureau of Economic Analysis (BEA), Commerce.
    Title: Quarterly Survey of Insurance Transactions by U.S. Insurance 
Companies with Foreign Persons.
    Form Number(s): BE-45.
    Agency Approval Number: 0608-0066.
    Type of Request: Extension of a currently approved collection.
    Burden: 7,200 hours.
    Number of Respondents: 225 per quarter, 900 annually.
    Average Hours Per Response: 8 hours.
    Needs and Uses: The BE-45, Quarterly Survey of Insurance 
Transactions by U.S. Insurance Companies with Foreign Persons, obtains 
quarterly data from U.S. insurance companies that have engaged in 
reinsurance transactions with foreign persons, that have earned 
premiums from, or incurred losses to, foreign persons in the capacity 
of primary insurers, or that have engaged in auxiliary insurance 
services transactions with foreign persons. The data are needed to 
monitor U.S. international trade in insurance services, analyze its 
impact on the U.S. and foreign economies, compile and improve the U.S. 
economic accounts, support U.S. commercial policy on insurance 
services, conduct trade promotion, and improve the ability of U.S. 
businesses to identify and evaluate market opportunities.
    The data from the survey are primarily intended as general purpose 
statistics. They are needed to answer any number of research and policy 
questions related to cross-border trade in services.
    Affected Public: U.S. insurance companies that transact with 
foreign persons in insurance services.
    Frequency: Quarterly.
    Respondent's Obligation: Mandatory.
    Legal Authority: International Investment and Trade in Services 
Survey Act (Pub. L. 94-472, 22 U.S.C. 3101-3108).
    OMB Desk Officer: Paul Bugg, (202) 395-3093.
    You may obtain copies of the above information collection proposal 
by calling or writing Diana Hynek, Departmental Paperwork Clearance 
Officer, Office of the Chief Information Officer, Department of 
Commerce, Room 6625, 14th and Constitution Avenue, NW., Washington, DC 
20230, or e-mail [email protected].
    Send comments on the proposed information collection within 30 days 
of publication of this notice to the Office of Management and Budget, 
O.I.R.A., Attention PRA Desk Officer for BEA, e-mail [email protected], 
or by FAX at 202-395-7245.

    Dated: June 15, 2006.
Madeleine Clayton,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. E6-9686 Filed 6-20-06; 8:45 am]
BILLING CODE 3510-06-P