CT| Bulletin FS-4-25, issued by the Connecticut Insurance Department, announces 2026 electronic financial statement filing requirements for all insurers, fraternal benefit societies, domestic surplus lines insurers, and health care centers authorized in Connecticut, confirming that annual and quarterly statements must be filed electronically with the NAIC (no paper filings) using NAIC instructions, formats, and valuation standards, and imposing additional asset-location and reinsurance-credit documentation requirements on domestic companies.
Key Points:
- Annual statements for domestic and foreign entities are due March 1, 2026, must be filed electronically with the NAIC per Conn. Gen. Stat. §§ 38a-53 and 38a-614, and prepared under the NAIC Annual Statement Instructions and Accounting Practices and Procedures Manual.
- Quarterly statements for 2026 must follow the 2025 NAIC quarterly blank and are due 45 days after each quarter end (May 15, August 15, and November 15, 2026), with company-type-specific checklists downloaded from the Department’s website and filed with each statement.
- All domestic insurers must submit a Retention of Assets Statement detailing the physical location and custody status of all invested assets (including separate accounts, if applicable) and must comply with Conn. and related regulations on credit for ceded reinsurance.