№ lp_2_3_05539
Agenda submission detailing adjustments and accounting treatments for foreign and noninsurance SCA investments under SSAP No. 97, highlighting the circumstances where statutory modifications may produce negative equity valuations.
Year: 2020
Organization: NAIC
Document type: Agenda Submission Form
Topic: SSAP No. 97 – Investments in Subsidiary, Controlled and Affiliated Entities
Scope: Foreign and noninsurance SCA entities, paragraphs 8.b.ii and 8.b.iv
Issue: Negative equity valuation under statutory accounting adjustments
Relevant paragraphs: 8.b.ii, 8.b.iv, 9, 13.e
Industry feedback: Consideration of negative equity outcomes and foreign jurisdiction independence
Review period: Last 3 years of SCA filings
Reference standards: SSAP No. 5R, SSAP No. 6, SSAP No. 16R, SSAP No. 19, SSAP No. 20, SSAP No. 21R, SSAP No. 29, SSAP No. 68, SSAP No. 105R
Price: 8 / 10 USD
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