ERM Committee News

21
Jun
0

ASB Adopts ASOP No. 55

Category: ASB News, ERM Committee News
The ASB recently adopted ASOP No. 55, Capital Adequacy Assessment. The ASOP provides guidance to actuaries when performing professional services with respect to an evaluation of the resiliency of an insurer through a capital adequacy assessment. The ASOP applies to actuaries designing, performing, o ...
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19
Nov
0

ASB Approves Capital Adequacy Assessment Third Exposure Draft

Category: ASB News, ERM Committee News
The ASB approved a third exposure draft of a proposed new ASOP titled Capital Adequacy Assessment. The ASOP will provide guidance to actuaries when performing professional services with respect to a review of the resiliency of an insurer through a capital adequacy assessment. The standard applies to ...
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6
Dec
0

ASB Approves Second Exposure of Proposed ASOP, Capital Adequacy Assessment for Insurers

Category: ASB News, ERM Committee News
The ASB recently approved a second exposure draft of a proposed ASOP titled Capital Adequacy Assessment for Insurers. The proposed ASOP will apply to actuaries involved in capital adequacy assessment work for life or health insurers, including fraternal benefit societies and health benefit plans; pr ...
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26
Sep
0

ASB Approves Exposure Draft Of Proposed Capital Adequacy Assessment ASOP

Category: ASB News, ERM Committee News
The ASB recently approved an exposure draft of a proposed new ASOP titled Capital Adequacy Assessment for Insurers. The proposed ASOP will apply to actuaries involved in capital adequacy assessment work for life or health insurers, including fraternal benefit societies and health benefit plans, prop ...
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The Actuarial Standards Board (ASB) sets standards for appropriate actuarial practice in the United States through the development and promulgation of Actuarial Standards of Practice (ASOPs). These ASOPs describe the procedures an actuary should follow when performing actuarial services and identify what the actuary should disclose when communicating the results of those services.

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