September 17, 2025, 9:30-5:00pm CT (breakfast and lunch provided)
This is an a la carte option for those who want to participate only in the Wednesday update seminar of the Insurance Regulatory Summit.
The Insurance Regulatory Summit is an annual opportunity for users of the Sovos Statutory Reporting solution to interact with our technical experts. Product sessions take place on Tuesday, September 16 followed by our annual Update on Accounting and Financial Reporting on Wednesday, September 17. For access to the Tuesday product sessions, consider registering for the entire 2-day event here.
A la carte participants receive a review of the accounting and financial reporting changes for 2025 and 2026 for Life, Property & Casualty, and Health insurance companies. You will learn about changes to the NAIC Accounting Practices and Procedures Manual and proposals under consideration. Our presentation will identify changes the Annual Statement Blanks and Instructions and preview changes to next year's Quarterly and Annual Statements. In addition, we will survey recent NAIC activities from other committees along with GAAP developments specific to insurers. Recent developments in the area of regulatory capital reporting will also be presented.
Who Should Attend: Anyone needing to stay current on recent insurance accounting and reporting developments
Prerequisites and Advance Preparation: This course is best suited for those with at least a basic understanding of the layout and flow of the Annual Statement
Program Level: Update
Field of Study: Accounting
- Identify and implement current year Annual Statement changes and apply new NAIC Instructions
- Implement current and proposed changes to the following statutory accounting guidance: Statements of Statutory Accounting Principles (SSAPs), Interpretations (INTs), and Issues Papers (IPs)
- Discuss recent risk-based capital developments
- Discuss revisions to the Purposes and Procedures Manual of the NAIC Investment Analysis Office
- Identify and implement relevant insurance GAAP developments
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