ASB News

4
Feb
0

ASB Approves Exposure Draft on Determining Minimum Value and Actuarial Value under the ACA

Category: ASB News
The ASB recently approved an exposure draft titled Determining Minimum Value and Actuarial Value under the Affordable Care Act. The actuarial standard of practice will apply to actuaries performing professional services with respect to calculating actuarial values and testing minimum value requireme ...
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4
Feb
0

ASB Adopts ASOP No. 35 Revision

Category: ASB News
The ASB recently adopted a final revision of ASOP No. 35, Selection of Demographic and Other Noneconomic Assumptions for Measuring Pension Obligations, during its September meeting.Significant modifications from the current version of the ASOP include making the guidelines for a reasonable assumptio ...
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4
Feb
0

ASB to Meet March 3-4, 2015, in Washington

Category: ASB News
The next regularly scheduled meeting of the ASB will be held March 3–4, 2015, at the Academy offices in Washington, D.C. ...
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14
Oct
0

ASB Approves Exposure Draft of a Revision of ASOP No. 38

Category: ASB News
The ASB recently approved a revision of ASOP No. 38 for exposure, now titled Catastrophe Modeling (for All Practice Areas). The proposed revision will apply to actuaries in all practice areas performing professional services when selecting or using catastrophe models, whether or not they are proprie ...
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20
Aug
0

ASB to Meet December 9–10 in Washington

Category: ASB News
The next regularly scheduled meeting of the ASB will be held December 9–10, 2013, at the Academy offices in Washington, D.C. ...
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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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