Contact Us: 919.569.6762

About the Workshop

2017 Workshop Fee

Standard Rate $1300
Early Bird Rate* $1170
Regulator Rate $650

*Early bird valid until April 22

Multiple Registration Discounts

5% discount for 2-3 attendees and/or seminars

10% discount for 4 or more attendees and/or seminars

Learn more...

Investment Accounting & Reporting Workshop

What You Will Learn

  • 2-day workshop provides an understanding and working knowledge of statutory accounting and reporting requirements for insurance companies' invested assets, including Life, Health and P&C companies.

  • Fundamental understanding of the nature and types of invested assets used by insurance companies.

  • Understanding and working knowledge of the NAIC's Capital Markets and Investment Analysis Office and the Purposes and Procedures Manual.

  • Differences between Statutory and GAAP accounting and reporting guidance for invested assets.

  • Changes to the 2016 Purposes and Procedures Manual and an update of 2015 and 2016 investment accounting and reporting requirements.

  • How to prepare the various Annual Statement Pages, Exhibits and Schedules for invested assets including Schedules, A, B, BA, D, DA, and E.

  • How invested assets impact the Risk-Based Capital Formulas.

  • Participants are encouraged to bring copies of their prior year's annual statement and RBC report for discussion and clarifications of any reporting problems.

Seminar Content

  • Overview of regulatory framework for investments made by insurance companies.

  • Discussion of the unique aspects of statutory accounting applicable to invested assets at both the NAIC and state level.

  • Overview of the NAIC's Capital Markets and Investment Analysis Office.

  • Discussion, use and compliance with the Purposes and Procedures Manual of the NAIC Investment Analysis Office (P&P Manual).

  • Discussion of the various Statements of Statutory Accounting Principles (SSAPs) applicable to invested assets.

  • Overview and preparation of the Statutory Annual Statement investment schedules (A, B, BA, D, DA, and E) and related exhibits and worksheets.

  • Various case studies, examples, and exercises to enhance participants' participant's understanding of key elements of the accounting and reporting for invested assets.

  • Changes to the Purposes and Procedures Manual and Investment Schedules for 2017 reporting.

Who Should Attend?

  • Individuals responsible for filing securities with the SVO.

  • Individuals responsible for preparing, reviewing, and analyzing statutory investment schedules.

  • Individuals responsible for preparing annual and quarterly statutory filings.

  • Investment bankers, regulators and others responsible for the investment function of the company.

Class Information

Class begins at 8:30 a.m. and ends at 5:00 p.m. on last day. Continental breakfast will be served each morning between 7:30 a.m. and 8:30 a.m. Morning and afternoon refreshments are provided. Lunch is the responsibility of the attendee. A welcome reception will be held after the first day's session.

  • Field of Study
    Specialized Knowledge and Applications

  • Level of Difficulty: Basic
    No prerequisite or advance preparation is required.

  • Format of Course
    Presentation with Training Guide ("Group-live")


Magnolia Hotel Denver
818 17th Street
Denver, CO 80202
Tel: 303-607-9000

About the Hotel
The Magnolia Hotel is located in the heart of downtown and is one block from the 16th Street Pedestrian Mall, downtown's mile-long tree-lined promenade featuring outdoor bistros, microbreweries, shopping and entertainment. History and culture thrive at the nearby Denver Art Museum and Colorado State Capitol. Turn up the excitement and take the complimentary Mall Shuttle to see the Nuggets, the Avalanche, the Broncos and the Rockies.

Please note accommodations and travel are not included in the registration fee. For your convenience, we have secured a block of discounted rooms at a rate of $195 per night. Rooms are reserved on a first come first served basis. To reserve your room at the discounted conference rate, contact central reservations at 888.915.1110 and reference Millennium Consulting Seminars. Reservations must be made on or before May 31, 2017 to receive the discounted rate.

Terms & Conditions

  • Confirmation Procedures
    You will receive confirmation via email of your registration. Registration is not complete until your payment is received. Your confirmation will provide information regarding transportation, logistics and materials needed for the seminar(s) as well as an invoice for your tuition.

  • Cancellations/Refunds
    We understand that circumstances may arise that require you to cancel. You may send a replacement or apply your tuition to another MCS seminar within the following 12-months if you notify MCS fifteen (15) business days prior to the seminar date.

    As an alternative, you may request a refund, less a $200 administrative fee, up to ten (10) business days prior to the seminar date. If notification of cancellation is received less than ten (10) business days prior to the seminar date, you will be liable for the entire tuition amount. In fairness to all attendees, if you do not attend a seminar for which you are confirmed and do not contact MCS to cancel in advance, you will be liable for the entire tuition amount.

For more information regarding administrative policies such as complaint and refund, please contact our offices at 919.569.6762.



Bruce Cromartie

Bruce is the co-founder, President and CEO of Millennium Consulting. With over two decades of insurance and regulatory experience, Bruce is known throughout the insurance industry for his insurance acumen, leadership, and expertise in insurance accounting and regulatory matters.




Colleen Gingrich
Vice President

Colleen is the co-founder and Executive Vice President of Millennium Consulting. Colleen's extensive knowledge, experience, and expertise encompass a variety of insurance areas including investments, claims, risk-based capital, and IT systems. She has over a decade of managerial...


What's New for 2017

  • SVO-Identified Investments

  • Quarterly Investment Schedules

  • Revised definitions for SSAP 43R investments

  • AVR/IMR Guidance in SSAP 26

  • Exclusion of Non-Admitted and Immaterial SCAs from Filing Guidance

  • Reduction of the number of collateral type categories from 21 to 10 for Schedule D, Part 1

  • Repurchase and Reverse Repurchase Disclosures

  • Bond Disclosures and Clarification of Investment Proceeds Disclosure

  • Mortgage loan structures with one borrower in a single loan agreement with multiple lenders

Copyright ® 2018 Millennium Consulting Services, LLC. All rights reserved.

Millennium Consulting Services | 919.569.6762 |