In the Create NAIC Designation panel, you can enter the designations for an SVO Company Code and a security. You can change the Selection Type to Client, and the panel looks up the corresponding SVO Company Code which will be used to store within the ISTAR tables the NAIC security designation entered. You can also load this information using batch uploaders and message center streams. The system stores the designation information by source (tag 1102).
You can also use the eagle_default_in_fixed_naic message center stream to load designations.
To add an NAIC Designation for a SVO Company Code and security:
- In Accounting Center, in the left navigation pane, click Insurance > NAIC Data > Designations > Create NAIC Designation.
You see the Create NAIC Designation panel.
- In the NAIC Rating Type list, select Security, the default value.
See the following figure.
- Complete the options on the panel.
The following table describes the key options on the panel.
Option |
Description |
|
---|---|---|
Add by SVO Company Code and Issue |
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Selection Type |
Defaults to SVO Company Code. Option to select Client. |
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SVO Company Code |
Enter SVO Company Code here. The system stores the SVO company code and designation in the database as entered. |
|
LOOKUP fields |
Allows you to enter the information required to uniquely locate the SVO Company record for update. Options include:
|
|
NAIC Rating Type |
The type of NAIC designation. Set to Security.
|
|
Source Name |
The source (tag 1102) assigned to the NAIC information. Default value is EAGLE PACE. NAIC is the alternate, valid source for designations. |
|
Effective Date |
The Effective Date restricts the use of the NAIC designation, based on the type of trade and trade date:
|
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NAIC Review Date |
Used for Informational Purposes only. |
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Client Lookup Identification |
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Identification fields |
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Displays several identification fields when you set the Selection Type to Client which otherwise remain hidden. When you set Selection Type to Client, enter one or more of the LOOKUP fields above, and the database retrieval was successful, the fields in this section auto-populate to allow you to verify that the panel is updating the correct SVO company code/client. Displayed fields include:
|
Add NAIC Designation Data |
|
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NAIC Designation Prefix |
The NAIC designation prefix. The field appears only when the security type is Preferred Stock (EQCSPF) or Preferred PIK (EQCSPK). Options include:
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NAIC Designation |
The NAIC designation. Options include: 1, 2, 3, 4, 5, and 6. |
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NAIC Designation Suffix |
The NAIC designation suffix. Options include: Clear, ; A, *A, AF, AM, AZ, AZ, F, FE, FM, J, J, JF, JZ, JZ, K, K, KF, KZ, KZ, L, L, LF, LFE, LZ, LZ, S, S, SA,*SA, SJ, *SJ, SK, *SK, SL, *SL, SU,*SU, SV, *SV, U, *U, UF, UFE, UZ, UZ, V, V, VF, VFE, VZ, VZ
|
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Designation Indicator |
Used for Informational Purposes Only. Options include:
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Lookup Results |
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Security Alias |
The security alias (database key) for the security, after a successful lookup. |
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- Click Submit.
The NAIC designation information for the SVO company code/security is updated in the ISTAR.ISTAR_NAIC table.
Additional options are available to Edit, Delete, and List NAIC Designation information.
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