SEC: No-Action Letters - Investment Management

SEC No-Action Letter: Jackson National Life Insurance SAP Financial Statements

The SEC's Division of Investment Management granted Jackson National Life Insurance Company and Jackson National Life Insurance Company of New York permission to file financial statements prepared under statutory accounting principles (SAP) instead of GAAP. This applies to specific annuity contracts filed on Form S-1.

SEC Grants Eagle Life Insurance SAP Filing Permission

The SEC's Division of Investment Management granted Eagle Life Insurance Company permission to file audited financial statements prepared under statutory accounting principles (SAP) instead of GAAP in its Form S-1 registration statements. This guidance applies to specific index-linked annuity contracts.

SEC grants Pacific Life permission to file SAP financial statements

The SEC's Chief Accountant's Office granted Pacific Life Insurance Company and Pacific Life & Annuity Company permission to file audited financial statements prepared in accordance with statutory accounting principles (SAP) instead of GAAP. This applies to specific annuity contracts filed on Form S-1.

SEC Grants SAP Financial Statement Filing for Life Insurers

The SEC's Chief Accountant's Office granted a request from American General Life Insurance Company and two affiliates to file financial statements prepared under statutory accounting principles (SAP) instead of GAAP for certain annuity contracts on Form S-1 registration statements. This permission is specific to the described non-variable annuity contracts and requires notification for future filings.

SEC Guidance: Insurance Companies May File SAP Financial Statements for Index-Linked Policies

The SEC's Division of Investment Management issued guidance allowing insurance companies to file financial statements prepared under statutory accounting principles (SAP) instead of GAAP for certain index-linked policies and contingent deferred annuities. This permission is subject to specific representations and acknowledgments filed with the SEC.