Summary Schedules

Asset Valuation Reserve (Worksheet)

The Asset Valuation Reserve (AVR) Worksheet addresses the credit-related (default) and equity risks of a company's assets by calculating a basic contribution, a reserve objective, and a maximum reserve amount. The AVR Worksheet combines prior year reserve values, current year capital gains, and values from the supporting AVC schedules below, the AVR – Default Component and the AVR – Equity Component, for various asset classes. Eagle STAR provides the Basic, Reserve, and Maximum factors for all lines and values on the Default and Equity schedules, and values display for securities supported by ISTAR.
If supplied, the AVR process applies a Client Level tax rate to the gains/losses when determining the reserve values. Information on the worksheet includes:

• Basic Contribution

• Reserve Objective

• Maximum Reserve

See Set Up Asset Valuation Reserves (AVR) Schedules for information about the steps for creating AVR schedules.

AVR – Default Component

AVR – Default Component is the Basic Contribution, Reserve Objective and Maximum Reserve Calculations – Default Component schedule. The schedule covers the bond, preferred stock, and derivative instrument sub-components of the default component of the AVR. The basic contribution factors, on average, approximates the expected annual losses. The reserve objective factors provide an accumulation level estimated to cover, in the aggregate, about 85% of the distribution of losses for each asset category. The maximum reserve factors define the largest amount that may be accumulated in the AVR.

See Set Up Asset Valuation Reserves (AVR) Schedules for information about the steps for creating AVR schedules.

AVR – Equity Component

AVR – Equity Component is the Basic Contribution, Reserve Objective and Maximum Reserve Calculations – Equity and Other Invested Asset Component schedule. The schedule covers the common stock sub-component of the equity component of the AVR. The basic contribution factors, on average, will provide an amount that approximates expected annual losses. The reserve objective factors provide an accumulation level estimated to cover, in the aggregate, about 85% of the distribution of losses for each asset category. The maximum reserve factors define the largest amount that may be accumulated in the AVR.

See Set Up Asset Valuation Reserves (AVR) Schedules for information about the steps for creating AVR schedules.

General Interrogatory

General Interrogatory is the General Interrogatory informational schedule. The schedule provides line totals for bonds (long term and short-term) and preferred stocks for:

• Statement value

• Fair Value

• Differences between Statement value and Fair Value

D1A1 – Maturity Distribution by Designation

Schedule D – Part 1A – Section 1 is the schedule that summarizes the aggregate book and adjusted carrying value of all bond holdings, including those in Schedule DA and Schedule E – Part 2 by quality, designation, maturity, and bond categories. The schedule includes short-term and cash equivalent bonds in the category that most closely resembles their credit risk.

D1A2 – Maturity Distribution by Major Type

Schedule D – Part 1A – Section 2 is the schedule that summarizes the aggregate book and adjusted carrying value of all bond holdings, including those in Schedule DA and Schedule E – Part 2 by maturity, major bond categories, and the subcategories of issuer obligations, mortgage-backed/loan-backed, and structured securities.

Exhibits of NII and Capital Gains (Losses)

The Exhibits of NII and Capital Gains (Losses) are Net Investment Income and Capital Gains (Losses).

Exhibit of Net Investment Income

Provides the amount, by investment categories, for investment income collected and earned during the current year, with footnotes to support amortization of premiums, accretion of discounts, and paid for accrued interest on purchases.

Exhibit of Capital Gains (Losses)

Provides the amount by investment categories for:

• Realized Gains and Losses, Other Than Temporary Impairments

• Realized Foreign Currency Gains And Losses

• Current Year Changes in Unrealized Market Gains and Losses (if required)

• Unrealized Foreign Currency Gains and Losses During the Current Year

Interest Maintenance Reserve

Captures the Realized Capital Gains/(Losses) that result from changes in the overall level of interest rates and amortizes them into income over the approximate remaining life of the investments sold. The approximate remaining life will be estimated using security attributes such as: Asset Type, Maturity Date, and conversion Sink, Call and Put schedules. Additionally, investments will be included or excluded from the IMR based on the maximum NAIC Rating and the change in NAIC Rating over the holding-period in the portfolio.

See Set Up Interest Maintenance Reserves (IMR) Schedules for information about this schedule.

Summary Investment Schedule

The Summary Investment Schedule provides the Gross Investment Holdings and related percentages, grouping securities with common risk characteristics.

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