Blanks (E) Working Group

2022 Proposed Charges

The Blanks (E) Working Group will:

Consider improvements and revisions to the various annual/quarterly statement blanks to:
1. Conform these blanks to changes made in other areas of the NAIC to promote uniformity in reporting of financial information by insurers.
2. Develop reporting formats for other entities subject to the jurisdiction of state insurance departments.
3. Conform the various NAIC blanks and instructions to adopted NAIC policy.
4. Oversee the development of additional reporting formats within the existing annual financial statements as needs are identified.
Continue to monitor state filing checklists to maintain current filing requirements.
Continue to monitor and improve the quality of financial data filed by insurance companies by recommending improved or additional language for the Annual Statement Instructions.
Continue to monitor and review all proposals necessary for the implementation of statutory accounting guidance to ensure proper implementation of any action taken by the Accounting Practices and Procedures (E) Task Force affecting annual financial statements and/or instructions.
Continue to coordinate with other task forces of the NAIC to ensure proper implementation of reporting and instructions changes as proposed by these task forces.
Coordinate with the Life Actuarial (A) Task Force to use any special reports developed and avoid duplication of reporting.
Review requests for investment schedule blanks and instructions changes in connection with the work being performed by the Capital Adequacy (E) Task Force and its Working Groups.
Review changes requested by the Valuation of Securities (E) Task Force relating to its work on other invested assets reporting for technical consistency within the investment reporting schedules and instructions.

2021 Adopted Charges

The Blanks (E) Working Group will:

Consider improvements and revisions to the various annual/quarterly statement blanks to:
1. Conform these blanks to changes made in other areas of the NAIC to promote uniformity in reporting of financial information by insurers.
2. Develop reporting formats for other entities subject to the jurisdiction of state insurance departments.
3. Conform the various NAIC blanks and instructions to adopted NAIC policy.
4. Oversee the development of additional reporting formats within the existing annual financial statements as needs are identified.
Continue to monitor state filing checklists to maintain current filing requirements.
Continue to monitor and improve the quality of financial data filed by insurance companies by recommending improved or additional language for the Annual Statement Instructions.
Continue to monitor and review all proposals necessary for the implementation of statutory accounting guidance to ensure proper implementation of any action taken by the Accounting Practices and Procedures (E) Task Force affecting annual financial statements and/or instructions.
Continue to coordinate with other task forces of the NAIC to ensure proper implementation of reporting and instructions changes as proposed by these task forces.
Coordinate with the Life Actuarial (A) Task Force to use any special reports developed and avoid duplication of reporting.
Review requests for investment schedule blanks and instructions changes in connection with the work being performed by the Capital Adequacy (E) Task Force and its Working Groups.
Review changes requested by the Valuation of Securities (E) Task Force relating to its work on other invested assets reporting for technical consistency within the investment reporting schedules and instructions.

Calendar

Public Webex Meeting
Tuesday, November 16, 2021
12:00 PM ET, 11:00 AM CT, 10:00 AM MT, 9:00 AM PT
Expected Length of Call: 1 hr
Webex Link

The purpose of this meeting is to address the proposals deferred during the July 22 meeting and to consider any new items for exposure.

See all Current Exposure Drafts

Blanks (E) Working Group
Items Received for Comment

Last Updated November 16, 2021

Please address comment letters to Jacob Garn, Chair of the Blanks (E) Working Group, and direct to NAIC staff, Mary Caswell and Calvin Ferguson.

Ref. No.	Description	Comment Deadline
2021-13BWG Modified	Add a new supplement to capture premium and loss data for Annual Statement Lines 17.1, 17.2 and 17.3 of the Exhibit of Premiums and Losses (State Page) – Other Liability by more granular lines of business.	03/04/2022
2021-15BWG	Add a footnote to Exhibit 7 in the Life/Fraternal statement and the Health statement (Life Supplement) to capture amount of Federal Home Loan Bank (FHLB) Funding Agreements reported in columns 1 through 6 of the exhibit (SAPWG Ref #2021-16).	03/04/2022
2021-16BWG	For Note 9 – Income Taxes, remove the 9C illustration instructions for the DTA and DTL components which state that “reporting entities should disclose those items included as “Other” (Lines 2a13, 2e4, 3a5 and 3b3) as additional lines for those items greater than 5% in the printed/PDF filing document,” as the illustration is not set up to accommodate variable lines. Add formulas for calculation of total and subtotal on the illustration for 9C. For Note 15 – Leases, modify the illustrations to add a “Thereafter” line and add a formula for “Total” line.	03/04/2022
2021-17BWG	Modify the Analysis of Operations by Lines of Business in the Health blank to include all of health lines of business included in the Life/Fraternal Analysis of Operations by Lines of Business – Accident and Health. Add instructions for the new columns and adjust the column references. Add the Health Blank Analysis of Operations by Lines of Business as a supplement to the Life/Fraternal blank with the appropriate instructions and crosschecks. Add crosscheck to the Health Blank Analysis of Operations by Lines of Business to the Life/Fraternal Analysis of Operations by Lines of Business – Accident and Health instructions.	03/04/2022
2021-18BWG	Modify the Life Insurance (State Page) to include the line of business detail reported on the Analysis of Operations by Lines of Business pages. Two new Schedule T style pages (Exhibit of Claims Settled During the Current Year and Policy Exhibit) are created to include detail captured by state on the existing Life Insurance (State Page) that could not be included due to space issue. Add definitions for life and annuity products to the lines of business definitions in the health appendix.	03/04/2022
2021-19BWG	Add columns and lines to U&I (Parts 1, 2, 2A, 2B, and 2D) and the Exhibit of Premiums, Enrollment and Utilization in the annual statement to bring the lines of business reporting in line with Life/Fraternal and Property. Add columns and lines to the Exhibit of Premiums, Enrollment and Utilization and U&I Analysis of Claims Unpaid quarterly pages. The appropriate adjustments to the instructions are also being made.	03/04/2022
2021-20BWG	Starting at Line 72 of the Life/Fraternal Five-Year Historical, add or delete lines that do not pull in the specific lines of business reported on the Life/Fraternal Analysis of Operations by Lines of Business detail pages for life (individual and group), annuities (individual and group), and A&H for Line 33 of those pages.	03/04/2022
2021-21BWG	Add instruction to the Investment Schedules General Instructions to exclude residual tranches or interests from being reported as bonds on Schedule D, Part 1 and add lines to Schedule BA for the reporting of those investments (SAPWG Ref #2021-15).	03/04/2022

Adopted Modifications to Financial Statements and Instructions
(updated 11/16/2021)

Editorial Revisions (updated 11/16/2021)

Proposing Amendments to Blanks and Instructions

Procedures (updated 12/17/2019)
Blanks Agenda Proposal Form (updated 7/20/2018)
Blanks Proposal Form Instructions (updated 1/23/2020)

Updates to the Annual/Quarterly Statement Instructions

2020 Instructions Revisions (updated 12/16/2020)
2021 Instructions Revisions (updated 03/16/2021)

Updates to the Annual/Quarterly Statement Blanks

*Please contact Linda Hunsucker for revisions prior to the previous year.

Valid Designation, Designation Modifier and Administrative Symbol

Filing Issues and Additional Guidance

General Electronic Filing Directives

AVR/IMR Reporting

Assistance With Annual and Quarterly Statement Completion

Education & Training Events

For annual statement preparation online courses, refer to the NAIC Education & Training Web page.

Related NAIC Publications

Minutes for recent national meetings are available for meeting attendees via an event app within 10 days after a meeting concludes. On the NAIC.org website, free access to meeting minutes is available 30 days after a meeting concludes. They are posted to the interactive agenda for each meeting tab on the meetings page. The Proceedings of the NAIC are made available after the minutes are adopted at each subsequent meeting and may be accessed via the NAIC Publications page.

Annual and Quarterly Statement Blanks

Annual and Quarterly Statement Instructions

Compendium of State Laws on Insurance Topics

NAIC Model Laws, Regulations, Guidelines and Other Resources