https://www.insurerbrain.com/w/index.php?action=history&feed=atom&title=Definition%3AValuation_dateDefinition:Valuation date - Revision history2026-06-13T17:55:17ZRevision history for this page on the wikiMediaWiki 1.43.8https://www.insurerbrain.com/w/index.php?title=Definition:Valuation_date&diff=10068&oldid=prevPlumBot: Bot: Creating new article from JSON2026-03-11T06:08:59Z<p>Bot: Creating new article from JSON</p>
<p><b>New page</b></p><div>📅 '''Valuation date''' is the specific point in time at which the financial position of an insurance entity, portfolio, or obligation is measured and reported. [[Definition:Actuary | Actuaries]], accountants, and [[Definition:Insurance regulator | regulators]] rely on a clearly defined valuation date to anchor calculations of [[Definition:Loss reserve | loss reserves]], [[Definition:Unearned premium reserve | unearned premium reserves]], [[Definition:Incurred but not reported (IBNR) | IBNR]] liabilities, and the overall [[Definition:Solvency | solvency]] of an [[Definition:Insurance carrier | insurance carrier]]. Common valuation dates include quarter-end and year-end reporting dates, though special valuations may be triggered by events such as [[Definition:Mergers and acquisitions (M&A) | mergers and acquisitions]], [[Definition:Run-off | run-off]] transfers, or [[Definition:Loss portfolio transfer (LPT) | loss portfolio transfers]].<br />
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⚙️ All data feeding into a valuation — [[Definition:Claims | claims]] paid and incurred, [[Definition:Premium | premiums]] written and earned, [[Definition:Investment income | investment]] asset values, and outstanding [[Definition:Case reserve | case reserves]] — must be captured as of the valuation date to produce a coherent snapshot. Even a few days' discrepancy in data cut-offs can materially skew results, especially for long-tail lines like [[Definition:General liability insurance | general liability]] or [[Definition:Medical malpractice insurance | medical malpractice]] where reserve movements are significant. In [[Definition:Reinsurance | reinsurance]] transactions, the valuation date governs which losses are included in a portfolio transfer and at what development stage they are measured, directly affecting the purchase price. Regulatory filings — such as the [[Definition:Statutory accounting | statutory]] annual statement submitted to the [[Definition:National Association of Insurance Commissioners (NAIC) | NAIC]] — mandate specific valuation dates and prescribe the methodologies applicable as of that date.<br />
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🎯 Precision around the valuation date is far more than a bookkeeping formality; it underpins the credibility of every financial representation an insurer makes. Investors evaluating an acquisition target, [[Definition:Rating agency | rating agencies]] assessing capital adequacy, and regulators monitoring [[Definition:Risk-based capital (RBC) | risk-based capital]] all depend on valuations anchored to a consistent, well-documented date. When the valuation date shifts — say, from year-end to a mid-year closing for a deal — actuarial teams must re-run analyses and reconcile data, a process that can be time-intensive and introduces judgment-driven assumptions about claim development between the two dates.<br />
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'''Related concepts:'''<br />
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* [[Definition:Loss reserve]]<br />
* [[Definition:Incurred but not reported (IBNR)]]<br />
* [[Definition:Statutory accounting]]<br />
* [[Definition:Risk-based capital (RBC)]]<br />
* [[Definition:Loss portfolio transfer (LPT)]]<br />
* [[Definition:Actuarial valuation]]<br />
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