### Question
What does noninsurance business mean?


### Answer
**Noninsurance business** has the following meaning in *26 U.S.C. § 453B*:

> any activity which is not an insurance business

#### Citation:
  - *26 U.S.C. § 453B*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter E-Accounting Periods and Methods of Accounting > PART II-METHODS OF ACCOUNTING > Subpart B-Taxable Year for Which Items of Gross Income Included**

