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ASB Approves Revision of ASOP No. 25 (Credibility)The ASB recently approved a revision of ASOP No. 25, Credibility Procedures. The revision is now applicable to all practice areas while providing guidance to actuaries in the selection of a credibility procedure and the assignments of credibility values to sets of data. The comment deadline for the exposure draft is December 31, 2012, and can be viewed on the ASB website under the tab "Exposure Drafts" at: http://www.actuarialstandardsboard.org. |
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Actuarial Standards Board |