Investment Accounting and Reporting White Papers and Guides

Our white papers and best practices guides offer an expert view into the intricacies and challenges of investment portfolio accounting, reporting, and analytics for insurers. Each paper or guide provides useful, actionable information your teams can use to improve investment accounting and reporting at your company.

Preview each resource below, and click "Read Now" to download the full versions.

Futures

Understanding Asset Classes

Futures contracts were created to protect investors against the unpredictable investment market and to hedge against the risk of changing market rates. But they come with their own risks around accounting, reporting, and reconciliation. A clear understanding of futures’ complex accounting treatment, and the right investment accounting and reporting solution, are vital for any investor considering this non-traditional asset class.

NAIC Spring 2016 National Meeting Update

MARKET INSIGHT PAPER

The NAIC held its Spring 2016 National Meeting from April 3 - 6 in New Orleans, Louisiana. The NAIC Spring 2016 National Meeting Update market insight paper provides a comprehensive overview of the meeting’s key investment-related items, including updates on upcoming changes from the Investment Classification Project, new electronic-only columns, the impact of upcoming money market reforms, new proposals, and more.

Hot Topics in Insurance Investment Accounting

Upcoming Issues And Changes That Will Impact The Industry In 2016

With expert insights on the long-term effects of upcoming NAIC changes, the implications of new FASB accounting standards, the impact of Solvency II, and more, this paper provides comprehensive overviews and in-depth analyses of key investment-related items that will impact insurers in 2016, and beyond.

Why Insurance Investment & Accounting Teams Trust SaaS Solutions

How SaaS Provides the Most Reliable, Timely, and Detailed Investment Accounting and Reporting Data

The 2015 Clearwater Insurance Investment Benchmark Survey included questions on how investment and accounting teams wrangle their investment information, and their ideal solutions for accessible, accurate, and detailed data. This paper analyzes the surprising trends in survey responses, and examines what insurers can learn from new technologies and processes.

As part of The Insurance Investment Benchmark Survey Analysis Series, this paper adds additional perspective for investment and accounting teams to compare their processes to their peers’. Read other papers from the series here.

CFO Key Challenges & Predictions

How Insurance CFOs Succeed in the Unpredictable Investment Environment

The 2015 Clearwater Insurance Investment Benchmark Survey included questions on CFOs’ day-to-day challenges, long-term concerns, and overall predictions for the insurance investment industry. This analysis piece examines trends in their responses, and provides perspectives on how CFOs can proactively overcome industry prevalent issues.

As part of The Insurance Investment Benchmark Survey Analysis Series, this analysis adds additional perspective for CFOs to compare their processes to their peers. Read another paper from the series, The Persistence of Manual Processes, here.

NAIC FALL 2015 NATIONAL MEETING UPDATE

MARKET INSIGHT PAPER

The NAIC held its Fall 2015 National Meeting from November 19 - 22 in National Harbor, Maryland. The NAIC Fall 2015 National Meeting Update Market Insight paper provides a comprehensive overview of the meeting’s key investment-related items, including updates on new electronic-only columns, CMBS/RMBS modeling, corporate bond factors, new proposals, and more.

The Persistence of Manual Processes

WHITE PAPER

The Persistence of Manual Processes explores results from Clearwater’s comprehensive benchmarking survey of the insurance investment industry. This analysis piece examines survey data revealing that manual investment accounting and reporting processes are still widely used by insurers, and provides perspective on how and why these outdated methods are inefficient and often risky.

The analysis offers a useful perspective for those who would like to compare their investment teams’ processes to their peers’, and want to learn more about industry best practices for investment accounting and reporting.

As part of The Insurance Investment Benchmark Survey Analysis Series, this analysis adds additional perspective for CFOs to compare their processes to their peers. Read another paper from the series, CFO Key Challenges & Predictions, here.

NAIC SUMMER 2015 NATIONAL MEETING UPDATE

MARKET INSIGHT PAPER

The NAIC held its Summer 2015 National Meeting from August 15 - 18 in Chicago, Illinois. The NAIC Summer 2015 National Meeting Update Market Insight paper provides a comprehensive overview of the key investment-related items that were discussed and acted on during the meeting.

Navigating Solvency II
The Clearwater Guide to Success

GUIDEBOOK

Solvency II is changing the way insurers manage the quality and depth of their data. With few established best practices, many insurers are turning to incomplete and inefficient solutions that don’t fully address the mandate or that require cumbersome manual workarounds.

Navigating Solvency II details some of the most common approaches to Solvency II and their common pitfalls: from low-quality data and poor risk visibility, to inefficient data management and time-consuming investment management tools. Using this guide, insurers can create an integrated plan to address Solvency II efficiently and accurately.

The Evolution of Software

WHITE PAPER

When choosing an investment accounting, reporting, and reconciliation solution, you have more options than ever before. But solution providers’ technology buzzwords—the cloud, cross platform, outsourced, hybrid, installed—can make the software selection process unnecessarily complex and confusing. This abundance of variety can be overwhelming, especially when accompanied by ambiguous terminology.

Many accounting and investment teams just aren’t aware of the differences between installed, hosted, and software-as-a-service (SaaS) solutions. But behind those buzzwords are real distinctions, which can have real impacts on your bottom line.

The Evolution of Software examines the evolution of accounting, reporting, and reconciliation software solutions, and provides unambiguous insight into the different choices available today. Download this paper to learn about the dramatic benefits—and drawbacks—of different solutions.

Lloyd's Risk Management
Best Practices for Solvency II Readiness and Seamless Data Accuracy

WHITE PAPER

Solvency II is transforming how Lloyd's syndicates govern their data and manage their reporting. In preparation for the 2016 implementation, many syndicates are examining their data management framework closer than ever before, and are discovering that their systems and processes are simply not rigorous enough.

The Lloyd's Risk Management white paper is built on Clearwater experts' conversations with syndicates about the five major Solvency II challenges they encountered during the Solvency II dry run: data integrity, GL integration, asset manager relationships, homegrown data management, and undefined best practices. This paper addresses these challenges one-by-one, and explains how to establish best practices for Solvency II readiness and overall investment data management.

Support for Solvency II
How Clearwater Can Help

SOLUTIONS GUIDE

Solvency II introduces a new set of reporting challenges and requirements for European insurance companies, including an increased level of reporting, enhanced risk disclosures, deeper data granularity, and additional security characteristics. Clearwater helps insurers fulfill Solvency II regulatory requirements across the three pillars.

Download this informative guide to learn more about how Clearwater supports European and multinational insurance companies.

NAIC Spring 2015 National Meeting Update

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) held its Spring 2015 National Meeting from March 28 - 31 in Phoenix, Arizona. Clearwater Analytics is dedicated to staying up to date on the latest accounting guidance and standards and sent several representatives to the meeting to track NAIC changes related to accounting for investments.

This paper provides a comprehensive overview of the key investment-related items that were discussed and acted on during the meeting.

Redefining Investment Reconciliation

WHITE PAPER

Accurate and timely data is fundamental to investment accounting and reporting. Reconciliation is a critical step in confirming that accounting values are correct before they are entered into financial statements and reports. Even seemingly innocuous data errors can result in incorrect balance sheet values.

Is your reconciliation process daily, automated, complete, streamlined, and detailed? Download this white paper to find out how many reconciliation processes fall short—and how Clearwater can help you ensure that your accounting values are timely, trustworthy, detailed, and complete.

NAIC Fall 2014 National Meeting Update

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) held its Fall 2014 National Meeting from November 16 - 19, 2014 in Washington, D.C. Clearwater Analytics is dedicated to staying up-to-date on the latest accounting guidance and standards and sent several representatives to the meeting to track NAIC changes related to accounting for investments.

This report provides a comprehensive overview of the most recent updates that pertain to accounting for your investment portfolio and filing your quarterly and annual investment schedules with the NAIC.

Redefining Implementation

GUIDEBOOK

For a lot of insurers, this scenario is all too familiar: you select a new investment accounting software product, and you’re told it will be an easy implementation process. The provider promises no manual data entry, easy software installation, and to stay within budget. But those promises are quickly broken, as milestones go unmet and questions to the provider go unanswered.

Download Redefining Implementation: The Clearwater Way to learn how Clearwater's unrivaled technology, streamlined processes, and extraordinary customer service makes us the investment accounting and reporting solution to help you succeed, from implementation onwards.

NAIC Summer 2014 National Meeting Update

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) held its Summer 2014 National Meeting from August 16 - 19, 2014 in Louisville, KY. Clearwater Analytics is dedicated to staying up-to-date on the latest accounting guidance and standards and sent a representative to the meeting to track NAIC changes related to accounting for investments.

This report provides a comprehensive overview of the most recent updates that pertain to accounting for your investment portfolio and filing your quarterly and annual investment schedules with the NAIC.

NAIC Spring 2014 National Meeting Investment Update

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) held its Spring 2014 National Meeting from March 29 – April 1, 2014, in Orlando. Clearwater Analytics is dedicated to staying up-to-date on the latest accounting guidance and standards and sent a representative to the meeting to track NAIC changes related to accounting for investments.

This report provides a comprehensive overview of the most recent updates that pertain to accounting for your investment portfolio and filing your quarterly and annual investment schedules with the NAIC.

NAIC Fall 2013 NATIONAL MEETING UPDATE

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) held its Fall 2013 National Meeting from December 15-18, 2013, in Washington, D.C. Clearwater is dedicated to staying up-to-date on the latest accounting guidance and standards updates, and sent multiple representatives to the meeting to track NAIC changes and progress.

This paper provides a comprehensive overview of the most recent updates that pertain to accounting for your investment portfolio and filing your quarterly and annual investment schedules with the NAIC.

NAIC SUMMER 2013 NATIONAL MEETING UPDATE

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) held its Summer 2013 National Meeting from August 23-27, 2013, in Indianapolis, Indiana. Clearwater is dedicated to staying up-to-date on the latest accounting guidance and standards updates, and sent multiple representatives to the meeting to track NAIC changes and progress.

This paper provides a comprehensive overview of the most recent updates that pertain to accounting for your investment portfolio and filing your quarterly and annual investment schedules with the NAIC.

THE ADVANTAGES OF MODERNIZING INVESTMENT ACCOUNTING AND REPORTING

E-BOOK

This e-Book highlights a fresh approach to investment portfolio accounting and compliance, risk and performance reporting and analysis – one that centers on using a Software-as-a-Service model as the new industry standard.

It provides a compilation of articles focused on the challenges insurers face with regard to investment portfolio accounting and reporting, and a discussion of the advantages of an outsourced solution. It also features short case studies highlighting insurers who have outsourced investment accounting and reporting, and realized dramatic improvements.

FOUR IMPERATIVES FOR ESTABLISHING INVESTMENT ACCOUNTING AND REPORTING BEST PRACTICES

BEST PRACTICES GUIDE

Establishing and implementing a framework for investment accounting and reporting best practices not only helps to alleviate the pressures associated with operating in a volatile market, it provides companies with a logical means of protecting their solvency.

This guide outlines four imperatives that accounting and finance professionals should adopt in order to have a consolidated, transparent view of their portfolio.

NAIC SPRING 2013 NATIONAL MEETING UPDATE

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) held its Spring 2013 National Meeting from April 6-9, 2013, in Houston, TX. In order to stay up-to-date on the latest accounting guidance and standards updates, Clearwater sent multiple representatives to the meeting to track NAIC changes and progress. This report provides a comprehensive overview of the most recent updates that pertain to accounting for your investment portfolio and filing your quarterly and annual investment schedules with the NAIC.

NAIC FALL 2012 NATIONAL MEETING UPDATE

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) held its Fall 2012 National Meeting from November 29– December 2, 2012, in Washington, D.C. Clearwater is dedicated to staying up-to-date on the latest accounting guidance and standards updates, and sent multiple representatives to the meeting to track changes and progress. This report provides a comprehensive overview of the most recent updates that pertain to accounting for your investment portfolio and filing your quarterly and annual investment schedules with the NAIC.

REPORTING TO THE BOARDROOM: RECENT TRENDS IN INVESTMENT REPORTING

BEST PRACTICES WHITE PAPER

The investment reporting environment has always been complex. The financial crisis of 2008 and recent accounting developments have only made it more so, calling for new system solutions that cover accounting, investment policy, compliance, performance evaluation and risk analytics. This paper examines senior management needs and the tools and techniques that make Treasury professionals successful reporting up.

INTEGRATED BY DESIGN: A SUPERIOR STRATEGY FOR INSURANCE INVESTMENT PORTFOLIO REPORTING

WHITE PAPER

This paper explores the status quo compared to insurers who are using an integrated investment portfolio reporting system – delivered as an outsourced Software-as-a-Service (SaaS) solution. Learn more about how to realize advantages unmatched by disparate, on-premise systems reliant on middleware and manual processes.

SSAP 43R AND PARAGRAPH 26

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners' (NAIC) Statutory Accounting Principles Working Group adopted SSAP No. 43R and added paragraph 26 in the Fall 2009. Both have important implications for insurance investors, including guidance on recording other-than-temporary impairments (OTTI) on loan-backed and structured securities. This relevant market insight paper interprets the latest guidance for insurance companies accounting for “loan-backed and structured securities” from the NAIC.

NAIC SUMMER 2012 NATIONAL MEETING UPDATE

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) held its Summer 2012 National meeting from August 11-14, 2012 in Atlanta, Ga. In order to stay up-to-date on the latest accounting guidance and standards, Clearwater sent multiple representatives to the meeting to track NAIC changes and progress.

This report provides a comprehensive overview of the most recent NAIC updates that pertain to accounting for your investment portfolio and filing your quarterly and annual investment schedules with the NAIC.

MARCH 2012 NAIC UPDATES

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) publishes periodic updates throughout the year. Clearwater is dedicated to staying up-to-date on the latest accounting guidance and standards updates. This brief report provides the most recent NAIC updates that pertain to accounting for your investment portfolio.

DECEMBER 2011 NAIC UPDATES

MARKET INSIGHT PAPER

The National Association of Insurance Commissioners (NAIC) publishes periodic updates throughout the year. Clearwater is dedicated to staying up to date on the latest accounting guidance and standards updates, particularly as they relate to accounting for your investment portfolio.

This brief report provides the most recent NAIC updates that pertain to accounting for your investment portfolio.

Access GAAP Accounting white papers and guides here.

For additional GAAP information and resources, visit the GAAP Accounting Standards Updates page.

For more information and resources, visit the Statutory Accounting Standards Updates page.