ASB News

ASB Approves Exposure Draft of Proposed Revision of ASOP No. 12

Category: ASB News
The Actuarial Standards Board (ASB) of the American Academy of Actuaries recently approved an exposure draft of a proposed revision of Actuarial Standard of Practice (ASOP) No. 12, Risk Classification (for All Practice Areas). The ASOP applies to actuaries when performing actuarial services with r ...
LinkedInTwitterFacebookMore...
Read more →

ASB Approves Exposure Draft of Proposed Revision of ASOP No. 7

Category: ASB News
The Actuarial Standards Board (ASB) of the American Academy of Actuaries recently approved an exposure draft of a proposed revision of Actuarial Standard of Practice (ASOP) No. 7, Life, Health, or Property/Casualty Insurance Cash Flow Risk. The proposed revision would apply to actuaries when perfo ...
LinkedInTwitterFacebookMore...
Read more →

ASB Adopts ASOP No. 20 Revision; Approves Second Exposure Draft of ASOP No. 36 Revision

Category: ASB News
ASOP No. 20 The Actuarial Standards Board (ASB) of the American Academy of Actuaries adopted a revision of Actuarial Standard of Practice (ASOP) No. 20, now titled Discounting of Property/Casualty Claim Estimates. The standard applies to actuaries when performing actuarial services that involve the ...
LinkedInTwitterFacebookMore...
Read more →

ASB Approves Second Exposure Draft of ASOP No. 24 Revision

Category: ASB News
The Actuarial Standards Board (ASB) of the American Academy of Actuaries approved a second exposure draft of a proposed revision of Actuarial Standard of Practice (ASOP) No. 24, now titled Compliance with the NAIC Life Insurance Illustrations Model Regulation. The standard provides guidance to act ...
LinkedInTwitterFacebookMore...
Read more →

ASB Approves ASOP No. 40 Revision Exposure Draft

Category: ASB News
The Actuarial Standards Board (ASB) of the American Academy of Actuaries approved an exposure draft of a proposed revision of Actuarial Standard of Practice (ASOP) No. 40, now titled Compliance with the NAIC Valuation of Life Insurance Policies Model Regulation with Respect to X Factors.  The ASO ...
LinkedInTwitterFacebookMore...
Read more →

ASB Approves Exposure Draft of New Enterprise Risk Management ASOP

Category: ASB News
The Actuarial Standards Board (ASB) of the American Academy of Actuaries approved an exposure draft of a new ASOP on enterprise risk management to replace ASOP Nos. 46 and 47, Risk Evaluation in Enterprise Risk Management and Risk Treatment in Enterprise Risk Management, respectively. The propos ...
LinkedInTwitterFacebookMore...
Read more →

ASB Releases 2022 Annual Report

Category: ASB News
The Actuarial Standards Board released its 2022 Annual Report, which highlights the board’s accomplishments throughout the year. In 2022, the ASB adopted two revised ASOPs, approved seven exposure drafts for comment, and approved proposals to revise three existing ASOPs.   ...
LinkedInTwitterFacebookMore...
Read more →

ASB Adopts New ASOP No. 57; Approves Exposure Draft of ASOP No. 27 Revision

Category: ASB News
The ASB adopted new ASOP No. 57, Statements of Actuarial Opinion Not Based on an Asset Adequacy Analysis for Life Insurance, Annuity, or Health Insurance Reserves and Related Actuarial Items. A conversion of Actuarial Compliance Guideline (ACG) No. 4, Statutory Statements of Opinion Not Including ...
LinkedInTwitterFacebookMore...
Read more →

ASOP No. 10 Revision Adopted; Second Exposure Draft of ASOP No. 29 Approved

Category: ASB News
The ASB adopted a revision of ASOP No. 10, now titled U.S. GAAP for Long-Duration Life, Annuity, and Health Products. The ASOP provides guidance to actuaries when performing actuarial services related to the preparation or review of insurance company financial statements in accordance with U.S. gen ...
LinkedInTwitterFacebookMore...
Read more →
Page 1 of 111234510...Last »