№ files_lp_3_process_7_089591
Comprehensive regulatory guidance issued by a national insurance regulatory working group outlining expectations, revisions, and reporting requirements for statutory actuarial opinions, summaries, and reports for property and casualty insurers for the 2019 reporting year.
Year: 2019
Issuing Body: NAIC Actuarial Opinion (C) Working Group
Parent Organization: Casualty Actuarial and Statistical (C) Task Force, National Association of Insurance Commissioners (NAIC)
Document Type: Regulatory guidance
Subject: Statutory Statements of Actuarial Opinion, Actuarial Opinion Summaries, and Actuarial Reports for Property and Casualty insurers
Applicable Entities: Property and Casualty insurance companies and Appointed Actuaries
Related Documents: NAIC Annual Statement Instructions – Property/Casualty; Actuarial Standards of Practice (ASOPs); SSAP No. 65; Actuarial Guideline LI (AG 51)
Key Topics: Qualified Actuary definition; qualification documentation; Accident & Health Long Duration Contracts; reserve reporting; risk of material adverse deviation; reconciliation requirements; asset adequacy testing
Effective Period: Reporting year 2019
Geographic Scope: United States
Price: 8 / 10 USD
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