Conference Call
Tuesday, June 12, 2018
12:00 Noon Eastern / 11:00 a.m. Central / 10:00 a.m. Mountain / 9:00 a.m. Pacific / 8:00 a.m. Alaska / 6:00 a.m. Hawaii
Duration: 1.5 hours

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Blanks (E) Working Group
Items Received for Comment

Last Updated March 24, 2018

Please address comment letters to Jacob Garn, Chair of the Blanks (E) Working Group, and direct to Mary Caswell and Calvin Ferguson.

Ref No. Description Comment Deadline


Update the language for the different lines on the Schedule DB, Part D, Section 1 regarding exchange-traded derivatives and centrally cleared derivatives.

May 14, 2018


Update the columns and rows on the Summary Investment Schedule to tie to the different investment schedules.

May 14, 2018


Add the definition of "supranational" to the Supplemental Investment Risks Interrogatories section of the Annual Statement Instructions.

May 14, 2018


Remove the reference to long-term care (LTC) from the "Type of Reinsurance Assumed" and the "Type of Reinsurance Ceded" columns for Schedule S, Part 1, Section 2 and Schedule S, Part 3, Section 2. Remove codes GMDB, GMDBFW, ADB, DIS and the annuity-specific references from Schedule S, Part 1, Section 1 and Schedule S, Part 3, Section 1. Add a "Type of Business Assumed" column to Schedule S, Part 1, Sections 1 and 2. Add code to Schedule S, Part 1, Section 1 and Schedule S, Part 3, Section 1 to identify general account versus separate account.

May 14, 2018


Change the instructions for the P/C Statement of Actuarial Opinion to incorporate the Actuarial Guideline LI—The Application of Asset Adequacy Testing to Long-Term Care Insurance Reserves (AG 51) requirements and to increase disclosures for accident and health (A&H) reported on a P/C blank.

May 14, 2018


Add "999" to the end of all line numbers for Schedule DBs. This will increase the number of lines available from 9,996 to 9,999,996, eliminating the need to accumulate data within certain categories.

May 14, 2018


Add new "PL" and "PLGI" symbols to the instructions to identify private letter rated securities. Add a "YE" and "IF" symbol as indication of a new "carry-over" administrative procedure of the NAIC Securities Valuation Office (SVO). Modify definitions of the symbol "Z" to indicate a security is in transition from one reporting status to another. Add a general interrogatory for PL securities issued prior to Jan. 1, 2018. Remove designation matrices from the instructions and replace them with a list of administrative symbols valid for use on Schedule BA and Schedule D. Eliminate the use of "P" and "RP" with the designation and add specific line categories for perpetual preferred and redeemable preferred stock. Remove the "Market Indicator" column from Schedule D, Part 2, Section 2 for common stocks.

May 14, 2018


Modify the instructions and illustration for Note 3A to reflect disclosure changes being adopted by the Statutory Accounting Principles (E) Working Group.

May 14, 2018


Modify the instructions for Note 20A, Note 20C and Note 20D to reflect changes to SSAP No. 100R—Fair Value. Add a new disclosure Note 20E. Modify the illustrations for Note 20A and Note 20C to move the "NAV" column and data-capture it.

May 14, 2018


Modify the instructions for Line 2 of the interest maintenance reserve (IMR) and Line 2 of the asset maintenance reserve (AVR) regarding bifurcation of other-than-temporary impairment (OTTI) investments subject to SSAP No. 26R—Bonds.

May 14, 2018


Add additional instruction to the "Fixed or Variable Interest Rate Investments that Have the Underlying Characteristics of a Bond, Mortgage Loan or Other Fixed Income Instrument" and "Joint Ventures or Partnership Interests for Which the Primary Underlying Investments are Considered to Be Fixed Income Instruments" categories to clarify not reporting investments in those categories when there is specific category for the investment.

May 14, 2018


Add illustration for Note 8H to be data-captured. Add electronic-only columns related to derivatives with financing premiums and additional instructions to the description column related to derivatives with financing premiums to Schedule DB, Part A and Part B for both Section 1 and Section 2. Add a new code to the "Code" column instructions for Schedule DB, Part A. Add a definition of "finance premiums" to the Schedule DB General Instructions. Add additional instructions to Schedule DB, Part A for Column 11 and Column 12 of Section 1 and Column 13 of Section 2.

May 14, 2018


Modify the VM-20 Reserves Supplement, Part 3 and Exhibit 5 – Aggregate Reserves for Life Contracts blanks and instructions to be consistent with the changes made to the Valuation Manual. Add a new Part 4 for the reporting of "Other Exclusions from Life PBR."

May 14, 2018


Split the Column 2 for Question 1.01 in the Separate Accounts General Interrogatories into two new columns ("Registered with the SEC" and "Not Registered with the SEC") and renumber the remaining columns. Add a new Question 101A for private placement variable annuities and private placement life insurance.

May 14, 2018


Add a new disclosure to Note 10 to reflect changes to SSAP No. 97—Investments in Subsidiary, Controlled and Affiliated Entities being considered by the Statutory Accounting Principles (E) Working Group. New instructions and illustration will be added as Note 10O. The illustration will be data-captured.

May 14, 2018


Delete the instruction and illustration for Note 12C(2) and renumber Note 12C(3) to Note 12C(2).

May 14, 2018


Modify the instruction for Note 17C – Wash Sales.

May 14, 2018


Combine the annual and quarterly reporting for life and fraternal companies onto one blank. This combined blank will be based on changes to the existing life blank. Life blank pages that are not being modified but have additional lines or columns not present on the fraternal blank are provided in the proposal as a reference for fraternal companies.

May 14, 2018

Education & Training Events

Related NAIC Publications


Blanks (E) Working Group


2018 Charges

The Blanks (E) Working Group will:

  1. Consider improvements and revisions to the various annual/quarterly statement blanks to:
    1. Conform these blanks to changes made in other areas of the NAIC to promote uniformity in reporting of financial information by insurers;
    2. Develop reporting formats for other entities subject to the jurisdiction of state insurance departments;
    3. Conform the various NAIC blanks and instructions to adopted NAIC policy; and
    4. Oversee the development of additional reporting formats within the existing annual financial statements as needs are identified.
  2. Continue to monitor state filing checklists to maintain current filing requirements.
  3. Continue to monitor and improve the quality of financial data filed by insurance companies by recommending improved or additional language for the Annual Statement Instructions.
  4. Continue to monitor and review all proposals necessary for the implementation of statutory accounting guidance to ensure proper implementation of any action taken by the Accounting Practices and Procedures (E) Task Force affecting annual financial statements and/or instructions.
  5. Continue to coordinate with other task forces of the NAIC to ensure proper implementation of reporting and instructions changes as proposed by these task forces.
  6. Coordinate with the Life Actuarial (A) Task Force to use any special reports developed and avoid duplication of reporting.
  7. Review requests for investment schedule blanks and instructions changes in connection with the work being performed by the Investment Risk-Based Capital (E) Working Group. The Subgroup will review for technical changes and/or clarifications to the blanks and instructions.
  8. Review changes requested by the Valuation of Securities (E) Task Force relating to its work on other invested assets reporting for technical consistency within the investment reporting schedules and instructions.