Eagle provides Risk Based Capital (RBC) factors via a batch uploader. These factors need only be updated if they change from one year to the next. You must load the factors to the ISTAR database for use by Eagle STAR for Insurance. You can use a Data Uploader. You can add and maintain RBC factors individually using Eagle Insurance panels.
You can also edit, delete, and list RBC factors.
To add RBC factors for a specific accounting year:
- In Accounting Center, in the left navigation pane, click Insurance > Configuration > RBC Factors > Create RBC Factors.
You see the Create RBC Factors panel.
- Complete the options on the panel.
- Click Submit to update the RBC factor for the year, schedule, and NAIC designation.
Create RBC Factors Panel Options
The following table describes each option on the panel.
Option | Description |
|---|---|
Add RBC Factor Data | |
Effective Year | Specifies the accounting year for which the RBC factors are effective. |
Reporting Company Type | Specify the reporting company type. Options include:
|
Schedule Line Code | Specifies the schedule (~ security type) using the RBC factor. Options include:
|
NAIC Designation | Specifies the NAIC designation (~ rating). Options include: 1, 2, 3, 4, 5, and 6. |
Schedule D Code | Specifies the schedule using the RBC factor. Options include:
|
Unaffiliated or Affiliated | Specifies the type of affiliation. Options include:
|
Private Placement | The private/public placement designation. Options include:
|
RBC Factor | Specifies the RBC factor. |
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