Casualty Committee News

24
Oct
0

ASB Issues Request for Input on a Proposed ASOP Related to Property/Casualty Rate Filings

Category: ASB News, Casualty Committee News
The ASB has issued a Request for Input concerning the development of an actuarial standard of practice (ASOP) that would address the actuarial aspects of property/casualty rate filings submitted to state insurance departments. The proposed standard would provide guidance to actuaries regarding the a ...
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10
Jan
0

ASB Adopts New ASOP No. 53

Category: ASB News, Casualty Committee News
The ASB adopted new ASOP No. 53, Estimating Future Costs for Prospective Property/Casualty Risk Transfer and Risk Retention. The ASOP provides guidance to actuaries when performing actuarial services with respect to developing or reviewing future cost estimates for prospective property/casualty risk ...
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About The ASB

Actuarial Standards Board

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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