Model Audit Rule (MAR)![](https://scytale.ai/wp-content/themes/scytale/components/partials/glossary-query/templates/images/arrow.svg)
The Model Audit Rule (MAR), officially known as the Model Audit Rule 205, is a regulatory standard that imposes rigorous financial reporting and auditing requirements on insurance companies. The MAR was developed by the National Association of Insurance Commissioners (NAIC) to enhance the reliability of financial statements and to ensure the integrity of reporting practices …