These are standards developed by the Pension Committee, but not the only standards that may apply to a pension practitioner. It is up to the individual actuary to review the standards and determine which ones apply to their work.
These are standards developed by the Life Committee, but not the only standards that may apply to a life practitioner. It is up to the individual actuary to review the standards and determine which ones apply to their work.
These are standards developed by the Health Committee, but not the only standards that may apply to a health practitioner. It is up to the individual actuary to review the standards and determine which ones apply to their work.
These are General Standards but may not apply to all practitioners. It is up to the individual actuary to review the standards and determine which ones apply to their work.
These are standards developed by the ERM Committee, but not the only standards that may apply to a ERM practitioner. It is up to the individual actuary to review the standards and determine which ones apply to their work.
These are standards developed by the Casualty Committee, but not the only standards that may apply to a casualty practitioner. It is up to the individual actuary to review the standards and determine which ones apply to their work.
The following standards have been repealed by the Actuarial Standards Board. They are no longer applicable to professional services provided by actuaries who are subject to the Code of Professional Conduct. They are provided solely for members’ convenience and information, and are not binding upon any actuary.

Introductory Actuarial Standard of Practice

Category: General
Effective Date: June 01, 2013
Status: Adopted

Nonguaranteed Elements for Life Insurance and Annuity Products

Category: Life
Effective Date: June 01, 2022
Status: Adopted

Continuing Care Retirement Communities and At Home Programs

Category: Health
Effective Date: June 01, 2022
Status: Adopted

Measuring Pension Obligations and Determining Pension Plan Costs or Contributions

Category: Pension
Effective Date: February 15, 2023
Status: Adopted

Incurred Health and Disability Claims

Category: Health
Effective Date: September 01, 2017
Status: Adopted

Analysis of Life, Health, or Property/Casualty Insurer Cash Flows

Category: Life Health Casualty
Effective Date: July 15, 2002
Status: Adopted

U.S. GAAP for Long-Duration Life, Annuity, and Health Products

Category: Life Health
Effective Date: May 01, 2023
Status: Adopted

Risk Classification (for All Practice Areas)

Category: General
Effective Date: May 01, 2006
Status: Adopted

Trending Procedures in Property/Casualty Insurance

Category: Casualty
Effective Date: November 01, 2009
Status: Adopted

Repeal of ASOP No. 14 – When to Do Cash Flow Testing for Life and Health Insurance Companies

Category: Life Health Repealed
Effective Date: April 15, 2002
Status: Adopted

Expert Testimony by Actuaries

Category: General
Effective Date: December 01, 2018
Status: Adopted

Long-Term Care

Category: Health
Effective Date: September 01, 2022
Status: Adopted

Appraisals of Casualty, Health, and Life Insurance Businesses

Category: Life Health Casualty
Effective Date: November 01, 2005
Status: Adopted

Discounting of Property/Casualty Claim Estimates

Category: Casualty
Effective Date: December 01, 2023
Status: Adopted

Data Quality

Category: General
Effective Date: April 30, 2017
Status: Adopted

Compliance with the NAIC Life Insurance Illustrations Model Regulation

Category: Life
Effective Date: April 30, 2017
Status: Adopted

Credibility Procedures

Category: General
Effective Date: May 01, 2014
Status: Adopted

Selection of Economic Assumptions for Measuring Pension Obligations

Category: Pension
Effective Date: August 01, 2021
Status: Adopted

Statements of Actuarial Opinion Regarding Health Insurance Assets and Liabilities

Category: Health
Effective Date: July 01, 2022
Status: Adopted

Expense Provisions in Property/Casualty Insurance Ratemaking

Category: Casualty
Effective Date: December 01, 1997
Status: Adopted

Expense Provisions for Prospective Property/Casualty Risk Transfer and Risk Retention

Category: Casualty
Effective Date: July 01, 2024
Status: Adopted

Repeal of ASOP No. 31 – Documentation in Health Benefit Plan Ratemaking

Category: Health
Effective Date: June 30, 2009
Status: Adopted

Social Insurance

Category: General
Effective Date: September 01, 2021
Status: Adopted

Actuarial Practice Concerning Retirement Plan Benefits in Domestic Relations Actions

Category: Pension
Effective Date: December 01, 2015
Status: Adopted

Catastrophe Modeling (for All Practice Areas)

Category: General
Effective Date: December 01, 2021
Status: Adopted

Treatment of Catastrophe Losses in Property/Casualty Insurance Ratemaking

Category: Casualty
Effective Date: December 15, 2000
Status: Adopted

Actuarial Communications

Category: General
Effective Date: May 01, 2011
Status: Adopted

Property/Casualty Unpaid Claim Estimates

Category: Casualty
Effective Date: September 01, 2007
Status: Adopted

Selection and Use of Asset Valuation Methods for Pension Valuations

Category: Pension
Effective Date: March 15, 2008
Status: Adopted

The Use of Health Status Based Risk Adjustment Methodologies

Category: Health
Effective Date: July 01, 2012
Status: Adopted

Risk Evaluation in Enterprise Risk Management

Category: ERM
Effective Date: May 01, 2013
Status: Adopted

Risk Treatment in Enterprise Risk Management

Category: ERM
Effective Date: May 01, 2013
Status: Adopted

Life Settlements Mortality

Category: Life
Effective Date: April 30, 2014
Status: Adopted

Medicaid Managed Care Capitation Rate Development and Certification

Category: Health
Effective Date: August 01, 2015
Status: Adopted

Determining Minimum Value and Actuarial Value under the Affordable Care Act

Category: Health
Effective Date: January 31, 2016
Status: Adopted

Principle-Based Reserves for Life Products under the NAIC Valuation Manual

Category: Life
Effective Date: December 31, 2017
Status: Adopted

Pricing of Life Insurance and Annuity Products

Category: Life
Effective Date: December 01, 2018
Status: Adopted

Capital Adequacy Assessment

Category: ERM
Effective Date: November 01, 2019
Status: Adopted

Modeling

Category: General
Effective Date: October 01, 2020
Status: Adopted