ACTUARIAL STANDARDS OF PRACTICE (ASOPs)
From the Actuarial Standards Board
1
Introductory Actuarial Standard of Practice
Introductory Actuarial Standard of Practice
2
Nonguaranteed Elements for Life Insurance and Annuity Products
Nonguaranteed Elements for Life Insurance and Annuity Products
3
Continuing Care Retirement Communities and At Home Programs
Continuing Care Retirement Communities and At Home Programs
4
Measuring Pension Obligations and Determining Pension Plan Costs or Contributions
Measuring Pension Obligations and Determining Pension Plan Costs or Contributions
5
Incurred Health and Disability Claims
Incurred Health and Disability Claims
6
Measuring Retiree Group Benefits Obligations and Determining Retiree Group Benefits Program Periodic Costs or Actuarially Determined Contributions
Measuring Retiree Group Benefits Obligations and Determining Retiree Group Benefits Program Periodic Costs or Actuarially Determined Contributions
7
Analysis of Life, Health, or Property/Casualty Insurer Cash Flows
Analysis of Life, Health, or Property/Casualty Insurer Cash Flows
8
Regulatory Filings for Health Benefits, Accident and Health Insurance, and Entities Providing Health Benefits
Regulatory Filings for Health Benefits, Accident and Health Insurance, and Entities Providing Health Benefits
9
Repeal of ASOP No. 9 – Documentation and Disclosure in Property and Casualty Insurance Ratemaking, Loss Reserving, and Valuations
Repeal of ASOP No. 9 – Documentation and Disclosure in Property and Casualty Insurance Ratemaking, Loss Reserving, and Valuations
10
U.S. GAAP for Long-Duration Life, Annuity, and Health Products
U.S. GAAP for Long-Duration Life, Annuity, and Health Products
11
Treatment of Reinsurance or Similar Risk Transfer Programs Involving Life Insurance, Annuities, or Health Benefit Plans in Financial Reports
Treatment of Reinsurance or Similar Risk Transfer Programs Involving Life Insurance, Annuities, or Health Benefit Plans in Financial Reports
12
Risk Classification (for All Practice Areas)
Risk Classification (for All Practice Areas)
13
Trending Procedures in Property/Casualty Insurance
Trending Procedures in Property/Casualty Insurance
14
Repeal of ASOP No. 14 – When to Do Cash Flow Testing for Life and Health Insurance Companies
Repeal of ASOP No. 14 – When to Do Cash Flow Testing for Life and Health Insurance Companies
15
Dividends for Individual Participating Life Insurance, Annuities, and Disability Insurance
Dividends for Individual Participating Life Insurance, Annuities, and Disability Insurance
16
Repeal of ASOP No. 16 – Actuarial Practice Concerning Health Maintenance Organizations and Other Managed-Care Health Plans
Repeal of ASOP No. 16 – Actuarial Practice Concerning Health Maintenance Organizations and Other Managed-Care Health Plans
17
Expert Testimony by Actuaries
Expert Testimony by Actuaries
18
Long-Term Care
Long-Term Care
19
Appraisals of Casualty, Health, and Life Insurance Businesses
Appraisals of Casualty, Health, and Life Insurance Businesses
20
Discounting of Property/Casualty Claim Estimates
Discounting of Property/Casualty Claim Estimates
21
Responding to or Assisting Auditors or Examiners in Connection with Financial Audits, Financial Reviews, and Financial Examinations
Responding to or Assisting Auditors or Examiners in Connection with Financial Audits, Financial Reviews, and Financial Examinations
22
Statements of Actuarial Opinion Based on Asset Adequacy Analysis for Life Insurance, Annuity, or Health Insurance Reserves and Other Liabilities
Statements of Actuarial Opinion Based on Asset Adequacy Analysis for Life Insurance, Annuity, or Health Insurance Reserves and Other Liabilities
23
Data Quality
Data Quality
24
NAIC Life Insurance Illustrations Model Regulation
NAIC Life Insurance Illustrations Model Regulation
25
Credibility Procedures
Credibility Procedures
26
Compliance with Statutory and Regulatory Requirements for the Actuarial Certification of Small Employer Health Benefit Plans
Compliance with Statutory and Regulatory Requirements for the Actuarial Certification of Small Employer Health Benefit Plans
27
Selection of Assumptions for Measuring Pension Obligations
Selection of Assumptions for Measuring Pension Obligations
28
Statements of Actuarial Opinion Regarding Health Insurance Assets and Liabilities
Statements of Actuarial Opinion Regarding Health Insurance Assets and Liabilities
29
Expense Provisions for Prospective Property/Casualty Risk Transfer and Risk Retention
Expense Provisions for Prospective Property/Casualty Risk Transfer and Risk Retention
30
Treatment of Profit and Contingency Provisions and the Cost of Capital in Property/Casualty Insurance Ratemaking
Treatment of Profit and Contingency Provisions and the Cost of Capital in Property/Casualty Insurance Ratemaking
31
Repeal of ASOP No. 31 – Documentation in Health Benefit Plan Ratemaking
Repeal of ASOP No. 31 – Documentation in Health Benefit Plan Ratemaking
32
Social Insurance
Social Insurance
33
Actuarial Responsibilities with Respect to Closed Blocks in Mutual Life Insurance Company Conversions
Actuarial Responsibilities with Respect to Closed Blocks in Mutual Life Insurance Company Conversions
34
Actuarial Practice Concerning Retirement Plan Benefits in Domestic Relations Actions
Actuarial Practice Concerning Retirement Plan Benefits in Domestic Relations Actions
35
Repeal of ASOP No. 35 – Selection of Demographic and Other Noneconomic Assumptions for Measuring Pension Obligations
Repeal of ASOP No. 35 – Selection of Demographic and Other Noneconomic Assumptions for Measuring Pension Obligations
36
Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves
Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves
37
Allocation of Policyholder Consideration in Mutual Life Insurance Company Demutualizations
Allocation of Policyholder Consideration in Mutual Life Insurance Company Demutualizations
38
Catastrophe Modeling (for All Practice Areas)
Catastrophe Modeling (for All Practice Areas)
39
Treatment of Catastrophe Losses in Property/Casualty Insurance Ratemaking
Treatment of Catastrophe Losses in Property/Casualty Insurance Ratemaking
40
Compliance with the NAIC Valuation of Life Insurance Policies Model Regulation with Respect to X Factors
Compliance with the NAIC Valuation of Life Insurance Policies Model Regulation with Respect to X Factors
41
Actuarial Communications
Actuarial Communications
42
Health and Disability Actuarial Assets and Liabilities Other Than Liabilities for Incurred Claims
Health and Disability Actuarial Assets and Liabilities Other Than Liabilities for Incurred Claims
43
Property/Casualty Unpaid Claim Estimates
Property/Casualty Unpaid Claim Estimates
44
Selection and Use of Asset Valuation Methods for Pension Valuations
Selection and Use of Asset Valuation Methods for Pension Valuations
45
The Use of Health Status Based Risk Adjustment Methodologies
The Use of Health Status Based Risk Adjustment Methodologies
46
Repeal of ASOP No. 46 – Risk Evaluation in Enterprise Risk Management
Repeal of ASOP No. 46 – Risk Evaluation in Enterprise Risk Management
47
Repeal of ASOP No. 46 – Risk Treatment in Enterprise Risk Management
Repeal of ASOP No. 46 – Risk Treatment in Enterprise Risk Management
48
Life Settlements Mortality
Life Settlements Mortality
49
Medicaid Managed Care Capitation Rate Development and Certification
Medicaid Managed Care Capitation Rate Development and Certification
50
Determining Minimum Value and Actuarial Value under the Affordable Care Act
Determining Minimum Value and Actuarial Value under the Affordable Care Act
51
Assessment and Disclosure of Risk Associated with Measuring Pension Obligations and Determining Pension Plan Contributions
Assessment and Disclosure of Risk Associated with Measuring Pension Obligations and Determining Pension Plan Contributions
52
Principle-Based Reserves for Life Products under the NAIC Valuation Manual
Principle-Based Reserves for Life Products under the NAIC Valuation Manual
53
Estimating Future Costs for Prospective Property/Casualty Risk Transfer and Risk Retention
Estimating Future Costs for Prospective Property/Casualty Risk Transfer and Risk Retention
54
Pricing of Life Insurance and Annuity Products
Pricing of Life Insurance and Annuity Products
55
Capital Adequacy Assessment
Capital Adequacy Assessment
56
Modeling
Modeling
57
Statements of Actuarial Opinion Not Based on an Asset Adequacy Analysis for Life Insurance, Annuity, or Health Insurance Reserves and Related Actuarial Items
Statements of Actuarial Opinion Not Based on an Asset Adequacy Analysis for Life Insurance, Annuity, or Health Insurance Reserves and Related Actuarial Items
58
Enterprise Risk Management
Enterprise Risk Management
Feel free to use them throughout your financial/insurance life.
Sincerely,
www.FroogleMe.com