PURPOSE: This rule effectuates or aids in the interpretation of sections 376.300– 376.320 and 379.080, RSMo.

PUBLISHER’S NOTE: The secretary of state has determined that the publication of the entire text of the material which is incorporated by reference as a portion of this rule would be unduly cumbersome or expensive. Therefore, the material which is so incorporated is on file with the agency who filed this rule, and with the Office of the Secretary of State. Any interested person may view this material at either agency’s headquarters or the same will be made available at the Office of the Secretary of State at a cost not to exceed actual cost of copy reproduction. The entire text of the rule is printed here. This note refers only to the incorporated by reference material. (1) Securities. Securities owned by insurance companies must be valued in accordance with those standards promulgated by the Valuation of Securities Office of the National Association of Insurance Commissioners (NAIC) as published in its Valuation of Securities.

1. (2) Other Invested Assets. Invested assets, other than securities, must be valued in accordance with the procedures promulgated by the NAIC’s Financial Condition (EX4) Subcommittee as published in its Accounting Practices and Procedures Manual for Life and Accident and Health Insurance Companies, Accounting Practices and Procedures Manual for Fire and Casualty Insurance Companies, Annual Statement Instructions and Examiner’s Handbook.

AUTHORITY: section 374.045.1(3), RSMo Supp. 1993.* Original rule filed July 2, 1991, effective Dec. 9, 1991. *Original authority: 374.045.1 (3), RSMo 1967, amended 1993.