Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 200 - Insurance Solvency and Company Regulation
Chapter 1 - Financial Solvency and Accounting Standards
Section 20 CSR 200-1.025 - Valuation of Invested Assets
Current through Register Vol. 49, No. 6, March 15, 2024
PURPOSE: This amendment updates a statutory reference and simplifies a reference to publications of the National Association of Insurance Commissioners.
PURPOSE: This rule effectuates or aids in the interpretation of sections 376.291-376.307 and 379.080, RSMo.
(1) Securities. Securities owned by insurance companies must be valued in accordance with those standards promulgated by the Valuation of Securities Office of the National Association of Insurance Commissioners (NAIC) as published in its Valuation of Securities.
(2) Other Invested Assets. Invested assets, other than securities, must be valued in accordance with the procedures published in the NAIC Accounting Practices and Procedures Manual, Annual Statement Instructions and Examiner's Handbook.
*Original authority: 374.045, RSMo 1967, amended 1993, 1995.
