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The following standards have been repealed by the Actuarial Standards Board. They are no longer applicable to professional services provided by actuaries who are subject to the Code of Professional Conduct.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.
Measuring Retiree Group Benefits Obligations and Determining Retiree Group Benefits Program Periodic Costs or Actuarially Determined Contributions
Regulatory Filings for Health Benefits, Accident and Health Insurance, and Entities Providing Health Benefits
Repeal of ASOP No. 9 – Documentation and Disclosure in Property and Casualty Insurance Ratemaking, Loss Reserving, and Valuations
Treatment of Reinsurance or Similar Risk Transfer Programs Involving Life Insurance, Annuities, or Health Benefit Plans in Financial Reports
Repeal of ASOP No. 16 – Actuarial Practice Concerning Health Maintenance Organizations and Other Managed-Care Health Plans
Responding to or Assisting Auditors or Examiners in Connection with Financial Audits, Financial Reviews, and Financial Examinations
Statements of Actuarial Opinion Based on Asset Adequacy Analysis for Life Insurance, Annuity, or Health Insurance Reserves and Other Liabilities
Compliance with Statutory and Regulatory Requirements for the Actuarial Certification of Small Employer Health Benefit Plans
Treatment of Profit and Contingency Provisions and the Cost of Capital in Property/Casualty Insurance Ratemaking
Actuarial Responsibilities with Respect to Closed Blocks in Mutual Life Insurance Company Conversions
Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves
Compliance with the NAIC Valuation of Life Insurance Policies Model Regulation with Respect to X Factors
About The ASB
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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