Description

New: This item modifies the instructions and illustration to add a data-captured note to Note 5 – Investments. Note 5.S allows for disclosure of aggregate collateral loans by qualifying investment collateral to coincide with the SAPWG’s disclosure on Collateral Loan Reporting (Ref #2023-28). A cross-check will be added to tie the aggregate collateral loan total to Schedule BA, Part 1, Column 12, Line 2999999 plus 3099999.

Effective Annual 2024

References: 2024-09BWG Modified, AP&P Ref #2023-28

New: Per the request of several companies, Gain Compliance has added an optional table in Note 9.C to more closely mirror the table presented in the SSAP No. 101 – Income Taxes, Paragraph 24 Illustration (paragraph 12.23 in the Q&A).

By way of a reminder, this is an optional table provided by Gain Compliance and is not prescribed by or data-captured by the NAIC. If you wish to disclose 9.C in another format, you can simply suppress this table from your final PDF by setting the disclosure state of this table to “Do Not Report.”

Effective Annual 2024

References: SSAP No. 101

Updated: The instructions and illustrations have been updated for Note 12.A(1) – Change in benefit obligation, to modify the label in Line 5 for actuarial gain/loss. The line item should now be disclosed as Actuarial gain / loss, replacing the prior year illustration of Actuarial gain (loss).

Effective Annual 2024

References: NAIC Editorial Revisions to the Blanks and Instructions

New: This item adds new instructions and illustrations under Note 21 – Other Items for Net Negative (Disallowed) Interest Maintenance Reserve (IMR) through the addition of Note 21.J. The original illustration was modified with the adoption of 2024-07BWG, which added a Separate Account breakout to the disclosure. This item coincides with the SAPWG’s disclosure on Net Negative (Disallowed) IMR (INT 23-01).

Effective Annual 2024

References: 2024-07BWG, 2023-13BWG Modified, INT 23-01

Updated: The instructions and illustrations have been updated for Note 23.A – Unsecured Reinsurance Recoverables, to provide clarifying instruction regarding what should be included in the ID Number (formerly FEIN) column. Include the NAIC group code number, where appropriate, and the Federal Employer Identification Number (FEIN) for each individual company. If a FEIN is not available, use Alien Number, CRIN or RJIN.

Effective Annual 2024

References: NAIC Editorial Revisions to the Blanks and Instructions

Updated: This item removes the Affordable Care Act (SSAP No. 107 – Risk Sharing Provisions of the Affordable Care Act) disclosures on the transitional reinsurance program and the risk corridors program from Note 24.E (Life/Fraternal, Health) and Note 24.F (Property). It coincides with the SAPWG adoption of Ref #2024-13 on May 15, 2024.

Effective Annual 2024

References: 2024-10BWG Modified, AP&P Ref #2024-13, SSAP No. 107