Froogle | ASOP 2 | Section 3.6

ASOP 2 | §3.6 | PROVIDING OPINIONS AND DISCLOSURES TO MEET REGULATORY REQUIREMENTS

When providing opinions and disclosures to meet regulatory requirements relating to NGEs (for example, a response to an NAIC annual statement interrogatory) or actuarial services in support of such opinions and disclosures, the actuary should be knowledgeable about the requirements and information necessary to support the opinion or disclosure. Such information may include some or all of the following for the relevant products:

a. the insurer’s NGE framework;

b. the requirements of applicable law;

c. the determination process, including how experience and financial results are emerging; and

d. previous regulatory filings.

ASOP 2 | Commentary Section 3.6 | COMMENT ON SECTION 3.6


Comment	Response
One commentator suggested clarifying the meaning of “regulatory opinion.”	The reviewers clarified the language.

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ASOP 2 | §3.6 | PROVIDING OPINIONS AND DISCLOSURES TO MEET REGULATORY REQUIREMENTS

ASOP 2 | Commentary Section 3.6 | COMMENT ON SECTION 3.6

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