noninsurance business
(A)For purposes of this subsection, the term “noninsurance business” means any activity which is not an insurance business. (B)For purposes of subparagraph (A), any activity which is not an insurance business shall be treated as an insurance business if— (i)it is of a type traditionally carried on by life insurance companies for investment purposes, but only if the carrying on of such activity (other than in the case of real estate) does not constitute the active conduct of a trade or business, or (ii)it involves the performance of administrative services in connection with plans providing life insurance, pension, or accident and health benefits. (f)For purposes of this section, if any installment obligation is canceled or otherwise becomes unenforceable—