The comment period has ended for the following exposure drafts

 

Past Exposure Draft

Proposed Revision of ASOP No. 36 – Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves (Second Exposure Draft)

Category:
Date Approved: June 2023
Date Exposed: July 27, 2023
Comment Deadline: November 1, 2023
Status: Past Exposure Draft
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Past Exposure Draft

Proposed Revision of ASOP No. 40 – Compliance with the NAIC Valuation of Life Insurance Policies Model Regulation with Respect to X Factors (Exposure Draft)

Category:
Date Approved: May 2023
Date Exposed: June 1, 2023
Comment Deadline: September 15, 2023
Status: Past Exposure Draft
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Past Exposure Draft

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

Category:
Date Approved: December 2022
Date Exposed: March 8, 2023
Comment Deadline: June 15, 2023
Status: Past Exposure Draft
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Past Exposure Draft

Proposed Revision of Actuarial Standard of Practice No. 29 – Expense Provisions for Prospective Property/Casualty Risk Transfer and Risk Retention (Second Exposure Draft)

Category:
Date Approved: December 2022
Date Exposed: January 31, 2023
Comment Deadline: May 1, 2023
Status: Past Exposure Draft
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Past Exposure Draft

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
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Past Exposure Draft

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

Category:
Date Approved: March 2022
Date Exposed: July 28, 2022
Comment Deadline: September 30, 2022
Status: Past Exposure Draft
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Past Exposure Draft

Proposed Revision of ASOP No. 36 – Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves (Exposure Draft)

Category:
Date Approved: May 2022
Date Exposed: July 28, 2022
Comment Deadline: September 30, 2022
Status: Past Exposure Draft
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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
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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
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Past Exposure Draft

Proposed Revision of ASOP No. 29 – Expense Provisions for Future Cost Estimates for Prospective Property/Casualty Risk Transfer and Risk Retention (Exposure Draft)

Category:
Date Approved: December 2021
Date Exposed: February 11, 2022
Comment Deadline: May 31, 2022
Status: Past Exposure Draft
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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
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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
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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
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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
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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
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Past Exposure Draft

Proposed Revision of ASOP No. 22 – Statements of Actuarial Opinion Based on Asset Adequacy Analysis for Life Insurance, Annuity, or Health Insurance Reserves and Other Liabilities (Second Exposure Draft)

Category:
Date Approved: March 2020
Date Exposed: June 23, 2020
Comment Deadline: November 30, 2020
Status: Past Exposure Draft
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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
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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
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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
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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
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Past Exposure Draft

Proposed Revision of ASOP No. 35 – Selection of Demographic and Other Noneconomic 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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Past Exposure Draft

ASOP No. 23 Revision – Data Quality

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

ASOP No. 21 Revision – Responding to or Assisting Auditors or Examiners in Connection with Financial Audits, Financial Reviews, and Financial Examinations

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

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

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

Assessment and Disclosure of Risk Associated with Measuring Pension Obligations and Determining Pension Plan Contributions

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

Modeling (Second Exposure Draft)

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

ASOP No. 34 Revision – Actuarial Practice Concerning Retirement Plan Benefits in Domestic Relations Actions

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

Life Settlements Mortality (Exposure Draft)

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

Property/Casualty Ratemaking

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

ASOP No. 36 – Statements of Actuarial Opinion Regarding Property/Casualty Loss and Loss Adjustment Expense Reserves (Proposed Revision)

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

Proposed Revision of ASOP No. 35

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

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

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

ASOP No. 27 – Selection of Economic Assumptions for Measuring Pension Obligations (Request for Comments)

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

Principle-Based Reserves for Life Products

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

Modeling

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

Medicaid Managed-Care Capitation Rate Development and Certification

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

ASOP No. 1 – Introductory Actuarial Standard of Practice

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

Introduction to the Actuarial Standards of Practice (ASOPs)

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

ASOP No. 47 – Risk Treatment in Enterprise Risk Management

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

Proposed Revision of Deviation Language for All Standards and Removal of References to PSAOs from All Standards (All Practice Areas)

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

ASOP No. 46 – Risk Evaluation in Enterprise Risk Management

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

ASOP Nos 22 & 28 Revisons

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

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

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

ASOP No. 36 – Statements of Actuarial Opinion Regarding Property/Casualty Loss and Loss Adjustment Expense Reserves (Proposed Revision, Second Exposure Draft)

Category:
Date Approved: March 2010
Date Exposed:
Status: Past Exposure Draft
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Past Exposure Draft

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

Category:
Date Approved: June 2010
Date Exposed:
Status: Past Exposure Draft
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Past Exposure Draft

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

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

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

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

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

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

ASOP No. 13 – Trending Procedures in Property/Casualty Insurance (Proposed Revisions, First Exposure Draft)

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

ASOP No. 10 – Methods and Assumptions for Use in Life Insurance Company Financial Statements Prepared in Accordance with US GAAP (Proposed Revision)

Category:
Date Approved: June 2010
Date Exposed:
Status: Past Exposure Draft
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Past Exposure Draft

ASOP No. 9 – Documentation and Disclosure in Property and Casualty Insurance Ratemaking, Loss Reserving, and Valuations (Proposed Repeal)

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

ASOP No. 8 – Regulatory Filings for Health Benefits, Health Insurance, and Entities Providing Health Benefits (Revision)

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

ASOP No. 6 – Second Exposure Draft

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

ASOP No. 6 – Measuring Retiree Group Benefits Obligations and Determining Retiree Group Benefits Plan Costs or Contributions (Proposed Revision)

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

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

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

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

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

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

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

ASOP No. 2 – Recommendations for Actuarial Communications Related to Statements of Financial Accounting Standards Nos. 87 and 88 (Proposed Repeal)

Category:
Date Approved: September 2010
Date Exposed:
Status: Past Exposure Draft
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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
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Past Exposure Draft

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

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

ASOP No. 38 – Using Models Outside the Actuary’s Expertise (Property and Casualty) (Proposed Revision)

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

ASOP No. 38 – Using Models Outside the Actuary’s Expertise (for All Practice Areas) (Second Exposure Draft)

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

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

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

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

Category:
Date Approved: December 2010
Date Exposed:
Status: Past Exposure Draft
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Past Exposure Draft

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

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

ASOP No. 27 – Selection of Economic Assumptions for Measuring Pension Obligations (Propososed Revision, First Exposure Draft)

Category:
Date Approved: March 2005
Date Exposed:
Status: Past Exposure Draft
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