You must set up the client level tax rates and AVR factors used during the asset valuation reserve process before you generate these reports.
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Client Level Tax Rates
You can supply a client tax rate using the Edit Client Insurance Information panelpanel. If you supply a tax rate for a client, Asset Valuation Reserve processing applies the client level tax rate to the gains/losses to determine reserve values. If you do not supply the tax rate, the calculation of reserve values is performed without any tax implications.
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NAIC AVR Factors
Eagle provides NAIC AVR Factors via an Excel® file when the factors are changed from the prior year. You can load the NAIC AVR factors using the Batch Uploader application. If the factors remain unchanged from the prior year, new factors are not needed – the AVR uses the most recent factors in place.
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Conversion Considerations
When first implementing the AVR on an existing portfolio, you must upload to the ISTAR database the prior year's reserve value that appears on the worksheet on line 1, Reserve as of December 31, prior year. This step is not required when a portfolio has no have activity in the prior year that was reported on the AVR.