This website is your source for information on the 2011 Structured Securities project, including background information, updated project details as they become available, and how to file these securities in your 2011 Annual Statement filing.
Please note the information on this website may be updated frequently. Please check back regularly to ensure that you have the latest information. This website was last updated: 9/1/11.
The NAIC has made several upgrades to the Structured Securities application in AVS to enhance your experience. We have improved functionality and added four easy-to-use tabs of information to reduce the time spent going between Account Manager and the Structured Securities website. Click here for more details.
The 2011 Structured Securities modeled data prices for CUSIPs held by insurers have been finalized – the 2011 prices are 12% lower than the 2010 price and are $88 per CMBS CUSIP and $61.60 per RMBS CUSIP. As with the 2010 initial invoices, the amount of the invoice is based on the reported RMBS/CMBS holdings of the 2010 annual statement filing adjusted for changes reported in first and second quarter 2011 filings.
| Important Dates |
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November 16, 2011 – The cutoff date at 5:00PM (CST) for submitting additional securities for modeling in the December 2011 results. |
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November 17, 2011 – Additional modeled results can be purchased in the system, after the initial invoice has been paid. |
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December 22, 2011 – Modeled data will be available to insurers. |
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January 2, 2012, 7:00 a.m. CT – The cutoff date and time for submitting additional securities to be considered for modeling. |
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January 20, 2012 (tentative) – Addendum modeled data will be posted during the latter part of January 2012. |
NAIC Contacts for RMBS/CMBS Initiative Questions
The NAIC looks forward to working with insurers to provide the appropriate structured securities information to facilitate the December 31, 2011, annual statement filing process. If you have questions related to statutory accounting and/or the impact of the structured security modeling and assessment process on RBC, please contact the QA Help Line at (816) 783-8400 and select the RMBS option. Other questions may be directed to the NAIC’s help line at (816) 783-8300, option #4. |
