Securities valuation office svo the naics securities valuation office svo one of the three groups within the capital markets investment analysis office is responsible for the day to day credit quality assessment and valuation of securities owned by state regulated insurance companies. Purposes and procedures manual of the naic investment analysis office naic securities valuation office and naic structured securities group effective for statements ending december 31 201 december 31 201 volume issue 1 01. Securities issued by foreign sovereign government and supranational entities be added to the text in part three section 1 of the purposes and procedures manual of the naic investment analysis office pp manual which contains criteria and methodology for securities issued by foreign entities. Securities valuation office manual this department is in the process of revoking kar 40 1 51 which adopts the purposes and procedures manual of the naic securities valuation office svo manual inasmuch as the commissioner has authority to adopt this manual without adopting a rule and regulation
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