New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 2 - INSURANCE COMPANY LICENSING AND OPERATION
Part 5 - ANNUAL AUDITED FINANCIAL REPORTS
Section 13.2.5.12 - CONTENTS OF REPORT
Universal Citation: 13 NM Admin Code 13.2.5.12
Current through Register Vol. 35, No. 6, March 26, 2024
The annual audited financial report shall include the following:
A. report of independent certified public accountant;
B. balance sheet reporting admitted assets, liabilities, capital and surplus;
C. statement of operations;
D. statement of cash flows;
E. statement of changes in capital and surplus;
F. notes to financial statements, including:
(1) those
required by the appropriate NAIC annual statement instructions and the NAIC
accounting practices and procedures manual;
(2) a reconciliation of differences, if any,
between the annual audited financial report filed pursuant to this rule and the
annual statement filed pursuant to Section
59A-5-29 NMSA
1978, with a written description of the nature of these differences;
(3) a summary of ownership and relationships
of the insurer and all affiliated companies; and
(4) any other notes required by generally
accepted accounting principles; and
G. accountant's letter of qualifications, as described in 13.2.5.13 NMAC.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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