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.

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. 

Acronym

Definition

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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