About the Eagle STAR for Insurance Documentation Wiki
Welcome to the Eagle STAR for Insurance documentation wiki. This wiki provides information about the Eagle Accounting solution for Insurance, including a general overview and detailed instructions for the configuration of the insurance specific reference data, processing elections, and operational procedures required to manage Eagle STAR for Insurance, and the production of auditable NAIC insurance schedules and vendor extracts.
The functionality described in this document is in compliance with the National Association of Insurance Commissioners (NAIC) Statutory Accounting and Reporting requirements.
Who Should Read This Documentation Wiki
This book is written for the Accounting Operations areas within P&C, Life/Fraternal, Health, and other lines of insurance, to better understand the processing and usage of Eagle STAR for Insurance.
On this page
What's in This Wiki
The Eagle STAR for Insurance documentation wiki is divided into the following sections.
About Eagle STAR for Insurance, provides an overview of the process flow for Eagle STAR for Insurance, including the processing stages for calculating statutory values.
Set Up Eagle STAR for Insurance, describes the setups and activities required to establish the Eagle STAR for Insurance environment and the ISTAR database for the production of NAIC schedules and vendor extracts.
Manage Residential Mortgage-Backed Securities, describes Residential Mortgage-Backed Securities (RMBS) and how they are handled within ISTAR and the ISTAR Refresh/Valuation process.
Perform Configuration for Schedule Production, describes supporting information that is integral for the creation of reports and.
Perform Additional Configuration, describes several additional configurations that control and affect ISTAR processing and the production of NAIC schedules, the vendor extracts, and reconciliation reports.
Perform ISTAR Refresh/Valuation, describes the steps to follow to perform the ISTAR Refresh/Valuation process, including how to verify a successful refresh and other builds, and reconcile ISTAR for any material differences.
Quarterly and Annual Schedules, describes the creation of quarterly NAIC schedules, annual NAIC schedules, and the vendor extract equivalents for these schedules
Control Reports, describes the creation of control reports to use reconciling ISTAR and the schedules generated by Eagle STAR for Insurance.
NAIC Schedule Assignments, lists the schedule, processing security type, SVO category, and security qualifications for the schedules available with Eagle Insurance.
Reserved Database Fields, lists the fields and field descriptions of ISTAR database fields reserved from public use.
Terminology
The following acronyms are used throughout the Eagle STAR for Insurance documentation wiki.Â
Acronym | Definition |
---|---|
ABS | Asset Based Security |
AVR | Asset Valuation Reserve |
CMBS | Commercial Mortgage Backed Security |
ECG | Exhibit of Capital Gains/Losses |
FASB | Financial Accounting Standards Board |
IMR | Interest Maintenance Reserve |
NAI | Non-Admitted Asset |
NAIC | National Association of Insurance Commissioners |
NII | Net Investment Income |
NRSRO | Nationally Recognized Statistical Ratings Organization |
OLBSS | Other Loan-Backed and Structured Securities |
OSFAST | One Size Fits All Summary Table |
PST | Processing Security Type |
QST | Quarterly Summary Table |
RBC | Risk Based Capital |
RMBS | Residential Mortgage Backed Security |
SIC | Standard Industrial Classification |
SRQ | Supplemental Rating Question (AM Best) |
SSAP | Statement of Standard Accounting Practice |
SIS | Summary Investment Schedule |
S2P | STAR to PACE Direct |
SVO | Securities Valuation Office |
VBY | Verification Between Years |
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