| Comment | Response |
|---|---|
| A commentator felt that the discussion should focus on “the act of reasoning or reaching conclusions based on supported evidence, logical argument and actuarial judgment,” which the commentator believes would better parallel the usage in other ASOPs. Another commentator suggested avoiding the use of the stem “reason” or “reasonable” in the discussion. | The reviewers do not agree. As mentioned above, the reviewers believe that the discussion of reasonable should focus on producing a reasonable result, and the discussion was modified to accomplish this by adding to the discussion “to produce a ‘reasonable’ result when rendering actuarial services.” |
- Froogled By:
- Elias Makere, FSA, MAAA
- Last Froogled:
ASOP 1 | §2.9 | COMMENT ON SECTION 2.9
Feel free to use it throughout your financial/insurance life.
Sincerely,
www.FroogleMe.com
