2024 Annual Statement and New York Supplement

Property Insurer - General Filing Instructions

IMPORTANT FILING REMINDER:

We are providing for your use the Property Annual Statement Checklist & Instructions. This checklist provides filing requirements for submission to the NAIC and the New York State Department of Financial Services. This Web site also provides specific instructions for filing the New York Supplement and supplemental forms with our Department. Copies of the New York Supplement and supplemental forms are available in the Download section of this Web site.

Insurers subject to these filing requirements are strongly encouraged to submit copies of all annual and quarterly statement filings electronically with the NAIC. The following electronic submissions to the NAIC will fulfill the electronic filing requirements of New York:

  • National Form Annual Statement via the internet.
  • National Form Quarterly Statement via the internet.
  • New York Supplement via the internet.

Any statements not filed as above will require an electronic submission with New York.

Property Insurer - Specific Filing Information

The Property Insurer Filing INSTRUCTIONS AND FORMS PACKET is a compressed zipped file; after downloading, unzip to obtain the following files.

FORMS included for Download and/or Print:

  • New York State Property Supplement 2024
  • NAIC Property Annual Checklist & Instructions
  • Addendum to New York Schedule F
  • Form C-1 - Special Risk Quarterly
  • Annual Electronic Filing Requirement Letter

For the full listing of Property Insurers authorized in New York State as of Dec. 31, 2024 (Schedule F), select Schedule F.

The NEW YORK STATE PROPERTY SUPPLEMENT 2024 (in PDF Format) is also available on the NY Supplement Instructions and Forms Page.

Accredited Reinsurer

For any company that is an accredited reinsurer in New York and meets the definition of a reinsurer contained in the Dodd-Frank legislation, there is no need to file a New York State Property Supplement.

Alien Accredited Reinsurer*

An alien accredited reinsurer is required to file the following electronically for the multi-beneficiary trust set up pursuant to Regulation 20:

  • Annual Statement (due March 1)
  • Quarterly Financial Statement (due May 15, August 15, November 15)
  • Actuarial Opinion (due March 1)
  • Annual report of the insurer that is filed with the insurer's home country (due May 31)

* Lloyds should follow its current filing procedures.

Electronic copies should be submitted through the Department’s Insurance Company and Fraternal Benefit Society Filings Portal.

DFS Portal

To access the DFS Portal you will need a Portal account. After you have been granted access to the DFS Portal, you will then request access to the Insurance Company and Fraternal Benefit Society Filings Portal.

Instructions: Creating a DFS Portal account

Actuarial Opinion Summary

In accordance with Regulation 207 (11 NYCRR 111) a domestic property/casualty insurer, other than title insurer incorporated under Insurance Law Article 64, that is required to submit a statement of actuarial opinion shall submit electronically to the superintendent by March 15 of each year an actuarial opinion summary, written by the insurer's appointed actuary.

The actuarial opinion summary should be submitted electronically via e-mail to:
[email protected]

Regulation 207 can be found here.

Due Date and Mailing:

Please refer to the Property Annual Statement Checklist & Instructions.

Problems and Questions:

If you need help filling out your forms,  please e-mail Gilbert Denton: [email protected]

For NAIC forms, contact:

National Association of Insurance Commissioners
2301 McGee, Suite 800
Kansas City, MO 64108-2604
(816) 842-3600.