 Insurance companies have unique investment and reporting requirements and FRM is unique in that we are investment advisers who have in-depth knowledge of these requirements. We can provide the following services to insurance companies to meet these specific needs:
- Professional, value-based management of fixed income and equity security portfolios consistent with state statutory regulations and company guidelines
- Quarterly meetings and reviews of summary changes, investment transactions, total return performance, return on investment and maturity structure
- Maintenance of automated investment sub-ledger accounting system and generation of monthly cash and accrual accounting entries consistent with client’s chart of accounts
- Management and board level investment reporting as well as reporting support for tax filings
- Schedule D and DA regulatory reports in electronic format that will interface with several Annual Statement software systems
- Reconciliation of sub-ledger to 3rd party custodian’s records
- Preparation of FAS 115 accounting adjustments, as needed, along with required footnote information for GAAP reporting of investment portfolios
- Meetings with and submission of information to company’s actuary for asset/liability management assessment
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