Overview of AVR & IMR in Life Insurance

2 CPE Credits Live webinar Life Specialized Knowledge Intermediate Investments Reserves

What This Course Covers

If you work in Life insurance long enough, you will hear two acronyms come up repeatedly, AVR and IMR, often with a lot of confusion and very little clarity.

The Asset Valuation Reserve (AVR) and the Interest Maintenance Reserve (IMR) are unique to Life statutory accounting. They exist to absorb volatility, protect surplus, and make sure long-term promises can be honored even when markets move.

This course breaks AVR and IMR down in plain language: why they exist, how they actually work, and why they matter to your financial results.

Who Should Attend

Life statutory accountants
Investment accounting and reporting teams
Risk, capital, and finance professionals
Anyone who needs to explain Life surplus movements with confidence.

What You'll Be Able to Do

By the end of this course, you will be able to:

Explain why AVR and IMR exist
Identify which asset categories are subject to AVR and IMR
Describe at a high level how AVR and IMR are calculated and rolled forward
Explain how AVR and IMR affect surplus and reported results
Recognize common regulator and examiner questions related to AVR and IMR

How This Helps You on the Job

AVR and IMR can change surplus even when operating results look stable. When they are not well understood, teams struggle to explain results, management gets confused, and regulators ask more questions.

This course helps you understand the story behind the numbers, so AVR and IMR stop feeling mysterious and start making sense.

What to Expect After Registration

You will receive a confirmation email after registering, along with email reminders one day and one hour before the course.

If you do not receive your confirmation or reminder emails, please check your spam folder. If they are not there, contact us for assistance at academy@arcstrategicservices.com or (239) 421-5300. You may also contact us for any concerns or complaints.

Please see our refund and cancellation policy for additional information.

National Registry Statement

TAC4 Solutions LLC dba ARC Academy is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

National Registry of CPE Sponsors

Certificate Requirements

The following requirements must be met to receive a CPE certificate for this course:

Attend the webinar

Answer 5 polls

Click on > 80% of attendance monitor pop-ups

Please contact us if you have any questions or believe there is an error.

Topics Covered

The purpose of AVR and how it supports solvency
How AVR is calculated and reflected in surplus
Why IMR exists and what it smooths
IMR amortization and timing mechanics
How investment activity flows into AVR and IMR
Common examiner focus areas and documentation expectations.

Prerequisites: Intro to Statutory Accounting for Life recommended.

Advance Preparation: None

Recommended Next Course

CFO-Level Decision Making – Life

Apply Life investment-reserve concepts within broader decisions about capital, products, investments, reinsurance, and long-term risk.

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