Interest Maintenance Reserve Imr

Definition of "Interest maintenance reserve (imr)"

Colleen Godfrey

Liability reserve, establishment required by the national association of insurance commissioners (naic), the purpose of which is to accumulate realized capital gains and losses resulting from fluctuations in the interest rate. These gains and losses in the IMR are amortized and shown as an adjustment to the net investment income over the remaining life of the sold assets.

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