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Flashcards in ASOP 41: Communications Deck (5)
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Actuarial Report

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


Oral communications, ASOP 41

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


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


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


ASOP 41: not possible to make disclosures

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