ASOP 41: Communications Flashcards Preview

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Flashcards in ASOP 41: Communications Deck (5)
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1

Actuarial Report

Set of documents that the actuary determines to be relevant to specific actuarial findings that is available to the intended user

2

Oral communications, ASOP 41

If actuary suspects communication may be transmitted to other parties, should try to later produce actuarial document

3

ASOP 41 Disclosures

Actuary responsible for document; date/subject of document; intended users; intended purpose; acknowledgement of qualification; conflict of interest; documents comprising the report; subsequent events; limitations; cautions about risk/uncertainty

4

ASOP 41 Disclosures if assumptions/methods prescribed by law

Applicable law
Assumptions/methods prescribed by the law
That report was prepared in accordance with law

5

ASOP 41: not possible to make disclosures

Make in separate communication and request it be disseminated with the report