Sabrina Wilson, CPA, FLMI
Sabrina serves as a subject matter expert for regulatory filings at Clearwater. In this role, she works with internal teams for the ongoing enhancement of NAIC reports. Sabrina has over 20 years’ of statutory accounting and reporting experience and uses her background to communicate industry best practices and comment on regulatory guidance and procedures. She also handles complex statutory accounting and analytics questions posed by our user community.
Sabrina is a certified public accountant, has earned the designation of Fellow, Life Management Institute (FLMI), and has a master’s degree in accounting and taxation from Boise State University.
NAIC working groups held a series of conference calls after the cancellation of the 2020 Spring National Meeting. The is a summary of recent updates from the Capital Adequacy Task Force pertinent to investment accounting and reporting.
Download Clearwater’s full NAIC Spring 2020 market insight paper here.
The CADTF on April 30, 2020 adopted changes to the 2020 Annual Statement Blanks. The BWG and the SVO have adopted the 20 bond designations for 2020 reporting. The reported designation categories will flow into the RBC. The current factor for designations 1-6 will remain until an impact analysis can be done to confirm the new factors for the 20 designation categories. There are also other changes not related to the new 20 designation categories:
RBC Reports are modified for 2020 annual reporting due to 20 new designation categories: