True or False: A Bordereau is a form that provides premium or loss data with respect to identified specific risks.

A Bordereau is indeed a form that provides premium or loss data related to specific identified risks. It typically includes detailed information about individual policies, highlighting premiums collected, claims made, and other relevant data that assists in the assessment of the portfolio's performance.

This tool is particularly useful in the surplus lines market where brokers and insurers need to track information for regulatory purposes, reinsurance, and effective risk management. The comprehensive nature of a Bordereau allows stakeholders to have an organized view of their exposure and underwriting results, facilitating better decision-making.

In this context, the statement is true because a Bordereau encompasses both premium and loss data concerning specific risks, reflecting the full spectrum of performance metrics that are critical for analyzing and managing insurance portfolios.