Annual Statement

Posted Mon, 03/22/2010 - 3:51pm by Administrator

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What you will learn:

Participants will develop an understanding of the fundamentals of the P&C industry and statutory accounting concepts. Over the course of this three-and-a-half-day workshop, participants will acquire the knowledge and skills necessary to prepare the Annual Statement as we address virtually every page, exhibit and schedule. Class discussion will center on a completed P&C Annual Statement.

The Property and Casualty Annual Statement Handbook will be provided as the text for this course. Participants will also receive electronic access to the Handbook.

Seminar content:

  • Industry overview
  • Statutory accounting framework
  • NAIC Annual Statement structure
  • Accounting and reporting for premiums, losses and expenses
  • Investment valuations, Schedule D and other investment schedules
  • Reinsurance forms, uses, accounting and Schedule F
  • Reserves and Schedule P
  • Balance Sheet, Statement of Income, and Capital and Surplus Account
  • Cash Flow statement
  • Notes to Financial Statements
  • Remaining pages in the Annual Statement and miscellaneous filings
  • Highlights of changes in reporting requirements

Who Should Attend:

Individuals responsible for or interested in the preparation of the Annual Statement.

Prerequisites:

No advance preparation or prerequisite is required for this comprehensive introductory seminar.

Class Times:

Class begins at 8:30 a.m. and ends at 5:00 p.m. except on the last seminar day which adjourns at 12:15 p.m.

Estimated CPE Credit: 28.0 hours

Tuition: $2195

Note(s):

Companies that use TCP (our Annual Statement software package) and send staff to this seminar will receive the Handbook as a context-sensitive help file within TCP, at no additional cost.

Upcoming seminar dates and locations:

To register and pay by credit card, use the Register Now button(s) below.

To register by mail and pay by check, click here.

LocationStart DateEnd DateHotel and Nightly Rate
Cincinnati, OHSep 14Sep 17Hilton Cincinnati Netherland Plaza (149)

San Antonio, TXSep 21Sep 24Sheraton Gunter (119)

Miami, FLNov 16Nov 19J.W. Marriott Marquis Hotel Miami (179)

Winston-Salem, NCDec 13Dec 16Embassy Suites Winston-Salem (129)