b. advice the actuary provided on developing or modifying the determination policy (see sections 3.2 and 3.2.1);
c. advice the actuary provided on how to apply the determination policy, including any advice that was inconsistent with the determination policy in order to follow the guidance in sections 3.2 or that was inconsistent with the guidance in sections 3.2 in order to comply with the determination policy, and the rationale for such inconsistencies (see section 3.2);
d. recommendations made by the actuary to establish or change policy classes for future sales of a new or existing product (see sections 3.3.1 and 3.4.1[a]);
e. recommendations made by the actuary for reassignment of in-force policies to different policy classes (see section 3.3.2);
f. any inconsistency with the determination policy and the guidance in section 3.2 when determining NGE scales (see section 3.4);
g. a description of the anticipated experience factors used in the determination of NGEs and any changes to such factors since any prior determination (see sections 3.4.1 and 3.4.2);
h. a description of any material constraints on the ability to revise NGE scales (see sections 3.4.1[f] and [g] and 3.4.2.4);
i. results, observations, or recommendations from the determination process for NGE scales for future sales of a new or existing product, including results and observations from any profitability analysis or sensitivity analysis (see section 3.4.1);
j. observations from the analysis that indicate that the profitability is particularly sensitive to changes in certain anticipated experience factors (see sections 3.4.1 and 3.4.2.3[h]);
k. any use of prior analysis (see section 3.4.1 and 3.4.2.4);
l. any reconstructed prior determinations or reasonable approaches used when reconstructing the prior determinations was not possible (see section 3.4.2.1); m. any recommendation that anticipated experience factors be updated and how these updated factors were taken into account when recommending changes to NGE scales (see section 3.4.2.2);
n. observations or recommendations to revise or not revise in-force NGE scales, including results from any profitability or sensitivity analysis (see section 3.4.2.3);
o. results, observations, or recommendations from the determination process used to support any revisions to NGE scales for in-force policies, including results and observations from any analysis (see section 3.4.2.4);
p. the circumstances and rationale for using any additional anticipated experience factors that were not part of the previous determination of NGE scales (see section 3.4.2.5);
q. the circumstances under which the insurer allocates past losses or gains by making adjustments to the NGE scales and any recommendations for a methodology to separately account for such adjustments when considering future determinations of the NGE scales (see section 3.4.2.5); and
r. results from any tests of illustrated NGE scales not subject to ASOP No. 24 to ascertain whether those illustrated NGE scales could be supported by anticipated experience factors and other reasonable assumptions (see section 3.5).
s. extent of any reliance on the data, projections, and supporting analysis of others (see section 3.7);
t. extent of any reliance on assumptions or methods selected by another party (see section 3.8); and
u. extent of any reliance on another actuary (see section 3.9).
