NAIC SAPWG Accounting Update Matrix, Summer 2026 National Meeting
JLK Rosenberger brings you the latest decisions on the NAIC adoptions emanating from the 2026 NAIC Summer National SAPWG meeting held in August 2026. You also get our non-technical “What’s the Rub” insights and perspectives.
Several key features include:
- Updated requirements for insurers choosing to carry net negative IMR balances as an admitted asset, including “proof” of reinvestment
- Net negative IMR and its implications for the assuming reinsurance entity subject to collateral requirements
- The general expense categories are going through clarified definitions for all annual statement blanks
- Some good news for those utilizing repurchase agreements
- If you have a sale-leaseback transaction, you will want to check out some updated clarifications, this one has come as a surprise for many using this type vehicle
JLK Rosenberger regularly attends the National Association of Insurance Commissioners (NAIC) meetings. Below, you will find a recap of items brought before the Statutory Accounting Principles Working Group (SAPWG) during the latest meeting.
In addition to the standard update matrix provided by the NAIC, we have included commentary on each item and have organized the various categories by color code into high, moderate, and low priority based on the potential impact on insurers. Highly narrow topic items, as far as impact, are generally categorized as low priority.
