ASB News

ASB Approves Second Exposure Draft of Proposed Revision of ASOP No. 41

Category: ASB News
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 ...
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ASB Approves Second Exposure Draft of Proposed New ASOP on ERM

Category: ASB News
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 ...
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ASB Adopts ASOP No. 24 Revision

Category: ASB News
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 ...
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ASB Approves Exposure Draft of a Proposed New ASOP on Pricing Reinsurance

Category: ASB News
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 ...
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ASB Approves Exposure Draft of a Proposed Revision of ASOP No. 30

Category: ASB News
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 ...
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ASB Adopts ASOP Nos. 28 and 36 Revisions

Category: ASB News
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 ...
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ASB Adopts ASOP No. 27 Revision

Category: ASB News
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 ...
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ASB Adopts ASOP No. 40 Revision

Category: ASB News
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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