Capital Markets & Investment Analysis Office
48 Wall Street  |  6th Floor  |  New York, NY 10005
Phone: 212.398.9000  |  Fax: 212.382.4207

NAIC STORE | MEETINGS & EVENTS | EDUCATION & TRAINING
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Securities Valuations Office (SVO)
 Capital Markets Bureau
Public Information
  
VOS Task Force
Structured Securities Initiative Website
Invested Assets Working Group
Publicly Traded Securities Within VOS
Report Field Definitions
NAIC CRP Ratings to NAIC Designations
SVO Contacts & Responsibilities [PDF]
Purposes & Procedures Manual of the SVO
This publication is the primary source for insurers to comply with the NAIC's reporting requirements.
ISIS Information/
Updates

Filing Applications and Forms
AVS/ISIS Information
SVO Important Updates

NOW AVAILABLE: Capital Markets Special Reports archive and subscription

THE FOLLOWING SERVICES ARE FOR REGULATORS ONLY:

Capital Markets Daily Regulator Newsletter (includes subscription to Special Reports)
To request an Investment Analysis Report contact Edward Toy (etoy@naic.org).
 
The Capital Markets Bureau's mission is to support state insurance departments and other NAIC staff on matters affecting the regulation of investment activities at state regulated insurance companies.

The Capital Markets Daily Newsletter & Special Reports:

Capital Markets Special Reports available to regulators and the public, these reports focus on detailed and specific analysis of issues that have the potential of impacting insurance company investment portfolios.

The Capital Markets Daily Newsletter is a REGULATOR ONLY email distributed at the conclusion of each day. It provides brief summaries of financial market performance and the developments that impacted it. It is occasionally supplemented with additional summaries that aggregate significant items affecting insurers and regulators. Regulators receiving this newsletter will also receive the Capital Markets Special Reports.

Investment Analysis:  As requested by state insurance regulators, the Capital Markets Bureau provides a number of services – (1) Investment Analysis Reports; (2) Detailed Asset Reviews; (3) Derivatives Use Plan Reviews; (4) On-Site Examination Support; and (5) On-Site Investment Seminars and Training.  Any state insurance department that is interested in such support should contact the Capital Markets Bureau by sending and email to Edward Toy at etoy@naic.org.

CLICK HERE for a more complete description of Capital Market Bureau services.
 


The NAIC's Securities Valuations Office (SVO), is responsible for the day-to-day credit quality assessment and valuation of securities owned by state regulated insurance companies. Insurance companies report ownership of securities to the Capital Markets and Investment Analysis Office when such securities are eligible for filing on Schedule D or DA of the NAIC Financial Statement Blank. The Capital Markets and Investment Analysis Office conducts credit analysis on these securities for the purpose of assigning an NAIC designation and/or unit price. These designations and unit prices are produced solely for the benefit of NAIC members who may utilize them as part of the member's monitoring of the financial condition of its domiciliary insurers. Unlike the ratings of nationally recognized statistical rating organizations, NAIC designations are not produced to aid the investment decision making process and therefore are not suitable for use by anyone other than NAIC members.

Related Links

SVO Determinations provide an anchor to a variety of regulatory mechanisms such as statutory accounting, Annual Statement Instructions and Risk-Based Capital. The links below are to NAIC Committees, Task Forces and Working Groups that deal with these issues.