Admissible asset valuation requires IIOs to exclude unrealisable and prescribed assets from solvency calculations and reporting.

IIOs must value specified unrealisable, overdue and prescribed assets at zero for solvency purposes, while valuing remaining assets under applicable regulations and instructions. Form ALSM-L-A requires separate reporting of policyholders' and shareholders' assets, investments, fixed and current assets, policy loans, inadmissible assets, liabilities and provisions. Total inadmissible assets are deducted from total assets, followed by current liabilities and provisions, to determine total admissible assets for solvency.

---

---

---