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As
a firm, InsRis has completed numerous investment cycle
reviews for both property/casualty and life/health insurance companies, both
large and small. Our examination team is intimately familiar with all Annual
Statement schedules and exhibits and will insure adequate existence,
classification, valuation and recording in accordance with NAIC rules, and also
with procedures set forth in the Valuation of
Securities Manual developed by the NAIC Valuation of Securities Task Force. InsRis
offers numerous investment specialists who perform analysis of complex
and sophisticated investment portfolios. Our professional staff possesses the
skills to meet the following requirements:
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Familiarity
with Examination Guidelines for Investments as outlined in the NAIC Financial
Examiners Handbook
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Ability
to review complex and sophisticated investment holdings, including
derivatives programs, material holdings of collateralized mortgage
obligations, unusual real estate or limited partnership holdings, high and
unusual portfolio turnover, material asset movements between related parties
or unusual security lending activities
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Capability
to review Company's assertions regarding accuracy, completeness, existence,
ownership and valuation of Securities and Invested Assets
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Ability
to identify and assess the material impact of industry and/or economic
conditions on investments
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Capability
to evaluate the Company's internal control environment in order to assess
control risk
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Ability
to determine that investments are valued in accordance with the Securities
Valuation Office (SVO) Purposes and Procedures Manual, valuation guidance,
and State laws and regulations
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Capability
to review Interest Maintenance and Asset Valuation Reserves to determine
proper calculation and presentation
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