Exposure drafts that have been adopted as final ASOPs by the ASB.

 

Statements of Actuarial Opinion Not Based on an Asset Adequacy Analysis for Life Insurance, Annuity, or Health Insurance Reserves and Related Actuarial Items

Category: _
Date Approved: September 2022
Date Exposed: October 14, 2022
Comment Deadline: January 15, 2023
Status: Past Exposure Draft

Proposed Revision of ASOP No. 20 – Discounting of Property/Casualty Claim Estimates (Exposure Draft)

Category:
Date Approved: May 2022
Date Exposed: June 22, 2022
Comment Deadline: September 30, 2022
Status: Past Exposure Draft

Proposed Revision of ASOP No. 10 – U.S. GAAP for Long-Duration Life, Annuity, and Health Products (Exposure Draft)

Category:
Date Approved: April 2022
Date Exposed: April 26, 2022
Comment Deadline: June 30, 2022
Status: Past Exposure Draft

Proposed Revision of ASOP No. 4 – Measuring Pension Obligations and Determining Pension Plan Costs or Contributions (Third Exposure Draft)

Category:
Date Approved: June 2021
Date Exposed: August 9, 2021
Comment Deadline: October 15, 2021
Status: Past Exposure Draft

Proposed Revision of ASOP No. 18 – Long-Term Care (Exposure Draft)

Category:
Date Approved: March 2021
Date Exposed: April 15, 2021
Comment Deadline: September 1, 2021
Status: Past Exposure Draft

Proposed Revision of ASOP No. 3 – Continuing Care Retirement Communities and At Home Programs (Exposure Draft)

Category:
Date Approved: November 2020
Date Exposed: November 30, 2020
Comment Deadline: February 1, 2021
Status: Past Exposure Draft

Proposed Revision of Actuarial Standard of Practice No. 38 – Catastrophe Modeling (for All Practice Areas) (Exposure Draft)

Category:
Date Approved: September 2020
Date Exposed: October 19, 2020
Comment Deadline: January 15, 2021
Status: Past Exposure Draft

Setting Assumptions (Third Exposure Draft)

Category:
Date Approved: October 2020
Date Exposed: October 19, 2020
Comment Deadline: April 15, 2021
Status: Past Exposure Draft

Proposed Revision of ASOP No. 2 – Nonguaranteed Elements for Life Insurance and Annuity Products (Second Exposure Draft)

Category:
Date Approved: June 2020
Date Exposed: July 31, 2020
Comment Deadline: November 13, 2020
Status: Past Exposure Draft

Proposed Revision of ASOP No. 28 – Statements of Actuarial Opinion Regarding Health Insurance Assets and Liabilities (Exposure Draft)

Category:
Date Approved: March 2020
Date Exposed: June 10, 2020
Comment Deadline: November 13, 2020
Status: Past Exposure Draft

Proposed Revision of ASOP No. 4 – Measuring Pension Obligations and Determining Pension Plan Costs or Contributions (Second Exposure Draft)

Category:
Date Approved: December 2019
Date Exposed: January 28, 2020
Comment Deadline: July 31, 2020
Status: Past Exposure Draft

Proposed Revision of ASOP No. 32 – Social Insurance (Second Exposure Draft)

Category:
Date Approved: November 2019
Date Exposed: December 10, 2019
Comment Deadline: February 14, 2020
Status: Past Exposure Draft

Proposed Revision of ASOP No. 11 – Reinsurance Involving Life Insurance, Annuities, or Health Benefit Plans in Financial Reports (Exposure Draft)

Category: _
Date Approved: November 2019
Date Exposed: November 30, 2019
Comment Deadline: June 30, 2020
Status: Past Exposure Draft

Proposed Revision of ASOP No. 27 – Selection of Economic Assumptions for Measuring Pension Obligations (Second Exposure Draft)

Category:
Date Approved: June 2019
Date Exposed: June 25, 2019
Comment Deadline: September 15, 2019
Status: Past Exposure Draft

Proposed Revision of ASOP No. 2 – Nonguaranteed Elements for Life Insurance and Annuity Products

Category:
Date Approved: March 2019
Date Exposed: April 18, 2019
Comment Deadline: July 15, 2019
Status: Past Exposure Draft

Setting Assumptions (Second Exposure Draft)

Category:
Date Approved: December 2018
Date Exposed: March 14, 2019
Comment Deadline: July 31, 2019
Status: Past Exposure Draft

Proposed Revision of ASOP No. 22 – Statements of Actuarial Opinion Based on Asset Adequacy Analysis for Life or Health Liabilities (December 2018)

Category:
Date Approved: December 2018
Date Exposed: March 14, 2019
Comment Deadline: June 1, 2019
Status: Past Exposure Draft

Modeling (Fourth Exposure Draft)

Category:
Date Approved: December 2018
Date Exposed: February 15, 2019
Comment Deadline: May 15, 2019
Status: Past Exposure Draft

Capital Adequacy Assessment (Third Exposure Draft)

Category:
Date Approved: November 2018
Date Exposed: November 19, 2018
Comment Deadline: March 1, 2019
Status: Past Exposure Draft

Proposed Revision of ASOP No. 32 – Social Insurance (October 2018)

Category:
Date Approved: October 2018
Date Exposed: October 23, 2018
Comment Deadline: February 1, 2019
Status: Past Exposure Draft

Proposed Revision of ASOP No. 4 – Measuring Pension Obligations and Determining Pension Plan Costs or Contributions (March 2018)

Category:
Date Approved: March 2018
Date Exposed: April 18, 2018
Comment Deadline: July 31, 2018
Status: Past Exposure Draft

Proposed Revision of ASOP No. 27 – Selection of Economic Assumptions for Measuring Pension Obligations (March 2018)

Category:
Date Approved: March 2018
Date Exposed: April 18, 2018
Comment Deadline: July 31, 2018
Status: Past Exposure Draft

Proposed Revision of ASOP No. 35 – Selection of Demographic and Other Noneconomic Assumptions for Measuring Pension Obligations (March 2018)

Category:
Date Approved: March 2018
Date Exposed: April 18, 2018
Comment Deadline: July 31, 2018
Status: Past Exposure Draft

Capital Adequacy Assessment for Insurers (2nd Exposure Draft)

Category:
Date Approved: September 2017
Date Exposed: September 1, 2017
Comment Deadline: March 1, 2018
Status: Past Exposure Draft

Proposed Revision of ASOP No. 42 – Health and Disability Actuarial Assets and Liabilities Other Than Liabilities for Incurred Claims

Category:
Date Approved: May 2017
Date Exposed:
Comment Deadline: September 30, 2017
Status: Past Exposure Draft

Revision of Actuarial Standard of Practice No. 17 (Exposure Draft)

Category:
Date Approved: March 2017
Date Exposed: April 13, 2017
Comment Deadline: June 30, 2017
Status: Past Exposure Draft

Principle-Based Reserves for Life Products (Exposure Draft)

Category:
Date Approved: March 2017
Date Exposed: April 13, 2017
Comment Deadline: May 31, 2017
Status: Past Exposure Draft

Estimating Future Costs for Prospective Property/Casualty Risk Transfer and Risk Funding (Third Exposure Draft)

Category:
Date Approved: December 2016
Date Exposed:
Comment Deadline: April 30, 2017
Status: Past Exposure Draft

Setting Assumptions (Exposure Draft)

Category:
Date Approved: December 2016
Date Exposed: December 8, 2016
Comment Deadline: April 30, 2017
Status: Past Exposure Draft

Capital Adequacy Assessment for Insurers (Exposure Draft)

Category:
Date Approved: September 2016
Date Exposed: September 26, 2016
Comment Deadline: January 31, 2017
Status: Past Exposure Draft

Assessment and Disclosure of Risk… (Second Exposure Draft)

Category:
Date Approved: June 2016
Date Exposed: July 27, 2016
Comment Deadline: October 31, 2016
Status: Past Exposure Draft

Modeling (Third Exposure Draft)

Category:
Date Approved: June 2016
Date Exposed: July 22, 2016
Comment Deadline: October 31, 2016
Status: Past Exposure Draft

ASOP No. 24 Revision–Compliance with the NAIC Life Insurance Illustrations Model Regulation

Category:
Date Approved: June 2016
Date Exposed: July 6, 2016
Comment Deadline: September 30, 2016
Status: Past Exposure Draft

Pricing of Life Insurance and Annuity Products

Category:
Date Approved: March 2016
Date Exposed: April 8, 2016
Comment Deadline: August 31, 2016
Status: Past Exposure Draft

Property/Casualty Ratemaking (Second Exposure Draft)

Category:
Date Approved: December 2015
Date Exposed: February 4, 2016
Comment Deadline: April 30, 2016
Status: Past Exposure Draft

ASOP No. 5 Revision – Incurred Health and Disability Claims

Category:
Date Approved: December 2015
Date Exposed: February 4, 2016
Comment Deadline: April 30, 2016
Status: Past Exposure Draft

ASOP No. 23 Revision – Data Quality

Category:
Date Approved: November 2015
Date Exposed:
Status: Past Exposure Draft

ASOPs and Public Pension Plan Funding and Accounting – Request for Comments

Category:
Date Approved: July 2014
Date Exposed:
Status: Request for Input

Principle-Based Reserves for Life Products (Second Exposure Draft)

Category:
Date Approved: June 2014
Date Exposed:
Status: Past Exposure Draft

Determining Minimum Value and Actuarial Value under the Affordable Care Act

Category:
Date Approved: December 2014
Date Exposed:
Status: Past Exposure Draft

Modeling (Second Exposure Draft)

Category:
Date Approved: November 2014
Date Exposed:
Status: Past Exposure Draft

Life Settlements Mortality (Exposure Draft)

Category:
Date Approved: May 2013
Date Exposed:
Status: Past Exposure Draft

Property/Casualty Ratemaking

Category:
Date Approved: September 2014
Date Exposed:
Status: Past Exposure Draft

Proposed Revision of the Deviation Clause in Actuarial Standards of Practice

Category:
Date Approved: August 2006
Date Exposed:
Status: Past Exposure Draft

Proposed Revision of ASOP No. 35

Category:
Date Approved: December 2009
Date Exposed:
Status: Past Exposure Draft

Principle-Based Reserves for Life Products

Category:
Date Approved: June 2013
Date Exposed:
Status: Past Exposure Draft

Modeling

Category:
Date Approved: June 2013
Date Exposed:
Status: Past Exposure Draft

Medicaid Managed-Care Capitation Rate Development and Certification

Category:
Date Approved: December 2013
Date Exposed:
Status: Past Exposure Draft

ASOP No. 1 – Introductory Actuarial Standard of Practice

Category:
Date Approved: December 2011
Date Exposed:
Status: Past Exposure Draft

Introduction to the Actuarial Standards of Practice (ASOPs)

Category:
Date Approved: July 2008
Date Exposed:
Status: Past Exposure Draft

ASOP No. 45 – The Use of Health Status Based Risk Adjustment Methodologies

Category:
Date Approved: April 2011
Date Exposed:
Status: Past Exposure Draft

ASOP No. 47 – Risk Treatment in Enterprise Risk Management

Category:
Date Approved: June 2012
Date Exposed:
Status: Past Exposure Draft

ASOP No. 44 – Selection and Use of Asset Valuation Methods for Pension Valuations

Category:
Date Approved: August 2006
Date Exposed:
Status: Past Exposure Draft

ASOP No. 46 – Risk Evaluation in Enterprise Risk Management

Category:
Date Approved: April 2012
Date Exposed:
Status: Past Exposure Draft

ASOP Nos 22 & 28 Revisons

Category: _
Date Approved: March 2012
Date Exposed:
Status: Past Exposure Draft

ASOP No. 38 – Catastrophe Modeling (for All Practice Areas) (Revision)

Category:
Date Approved: December 2013
Date Exposed:
Status: Past Exposure Draft

ASOP No. 25 – Credibility Procedures (Revision, Second Exposure Draft)

Category:
Date Approved: June 2013
Date Exposed:
Status: Past Exposure Draft

ASOP No. 25 – Credibility Procedures (Revision, First Exposure Draft)

Category:
Date Approved: September 2012
Date Exposed:
Status: Past Exposure Draft

ASOP No. 6 – Second Exposure Draft

Category:
Date Approved: March 2013
Date Exposed:
Status: Past Exposure Draft

ASOP No. 31 – Documentation in Health Benefit Plan Ratemaking (Proposed Repeal)

Category:
Date Approved: September 2008
Date Exposed:
Status: Past Exposure Draft

ASOP No. 41 – Actuarial Communications (First Exposure Draft)

Category:
Date Approved: September 2008
Date Exposed:
Status: Past Exposure Draft

ASOP No. 41 – Actuarial Communications (Second Exposure Draft)

Category:
Date Approved: December 2009
Date Exposed:
Status: Past Exposure Draft

ASOP No. 3 – Continuing Care Retirement Communities (Proposed Revision)

Category:
Date Approved: April 2007
Date Exposed:
Status: Past Exposure Draft

Request for Comments – Actuarial Standard of Practice (ASOP) No. 27

Category:
Date Approved: March 2014
Date Exposed:
Status: Request for Input