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You can define NAIC Designations for use with clients for statutory accounting processing and the preparation of reports, including Annual Schedules and Quarterly Schedules.
You can assign NAIC Designations to a SVO Company Code for a security, broker, issuer, or sovereign country with a specific effective date. If multiple clients have the same SVO Company Code, the NAIC designation entered will be used across those same clients when those clients are refreshed. You can also derive interpreted designations based on security attributes and the quality ratings from ratings agencies, for potential use by the ISTAR Refresh/Valuation process, as well as edit, delete, and list NAIC designations.
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You must perform the Interpreted Credit Ratings process prior to ISTAR Refresh/Valuation, to properly apply the interpreted designations to the Insurance data build for that client. For more information, see Build Interpreted NAIC Designations for Securities. |
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