The Actuarial Standards Board of the American Academy of Actuaries recently approved a second exposure draft of a proposed revision of Actuarial Standard of Practice (ASOP) No. 41, Actuarial Communications. The ASOP applies to actuaries when issuing actuarial communications in any form (written, e ...
The Actuarial Standards Board of the American Academy of Actuaries recently approved a second exposure draft on a proposed new ASOP titled Enterprise Risk Management. The ASOP provides guidance to actuaries when performing actuarial services with respect to developing, maintaining, or reviewing al ...
The Actuarial Standards Board of the American Academy of Actuaries recently adopted a revision of ASOP No. 24, now titled NAIC Life Insurance Illustrations Model Regulation.
The ASOP, which underwent three exposure periods and received 10 comment letters, provides guidance to actuaries when perfor ...
The Actuarial Standards Board of the American Academy of Actuaries approved an exposure draft of a proposed new actuarial standard of practice (ASOP) titled Pricing Reinsurance or Similar Risk Transfer Transactions Involving Life Insurance, Annuities, or Long-Duration Health Benefit Plans. The pro ...
The Actuarial Standards Board of the American Academy of Actuaries approved an exposure draft of a proposed revision of Actuarial Standard of Practice (ASOP) No. 30, now titled Profit Margins and Contingency Provisions in Property/Casualty Risk Transfer and Risk Retention. The ASOP applies to actu ...
The Actuarial Standards Board of the American Academy of Actuaries adopted a revision of Actuarial Standard of Practice (ASOP) No. 36, now titled Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves. The ASOP provides guidance to actuaries whe ...
The Actuarial Standards Board (ASB) of the American Academy of Actuaries adopted a revision of Actuarial Standard of Practice (ASOP) No. 27, now titled Selection of Assumptions for Measuring Pension Obligations. The standard provides guidance to actuaries when performing actuarial services that in ...
The Actuarial Standards Board (ASB) of the American Academy of Actuaries adopted a revision of Actuarial Standard of Practice (ASOP) No. 40, now titled Compliance with the NAIC Valuation of Life Insurance Policies Model Regulation with Respect to X Factors. The standard applies to actuaries when pe ...
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About The ASB
The Actuarial Standards Board (ASB) sets standards for appropriate actuarial practice in the United States through the development and promulgation of Actuarial Standards of Practice (ASOPs). These ASOPs describe the procedures an actuary should follow when performing actuarial services and identify what the actuary should disclose when communicating the results of those services.