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Statutory Accounting Principles (E) Working Group Maintenance Agenda Submission Form Issue: SSAP No. 25 DisclosuresCheck (applicable entity):P/C Life Health Modification of existing Shape Issue or
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SSAP No. stands for Statutory Statement of Accounting Principles No. It is a set of accounting rules and guidelines issued by the National Association of Insurance Commissioners (NAIC) for insurance companies.
Insurance companies are required to file the issue SSAP No.
The issue SSAP No. must be filled out according to the guidelines provided by the NAIC.
The purpose of issue SSAP No. is to ensure that insurance companies are following consistent accounting standards and reporting their financial information accurately.
The issue SSAP No. requires insurance companies to report their financial information, including assets, liabilities, income, and expenses.
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