SVO Adds Public Securities Database

The Securities Valuation Office has introduced a public database listing the regulatory status of insurer-owned securities.

The SVO is the securities rating arm of the National Association of Insurance Commissioners, Kansas City, Mo.

The database shows whether a publicly rated security is subject to regulatory guidance beyond what the ratings issued by the major rating agencies might suggest.

All of the securities listed in the public database are rated by what the NAIC has designated as an “acceptable rating organization” and also assessed by the SVO.