ACTUARIAL OPINION

the determination/conclusion – of an appointed actuary – regarding the adequacy of the company’s:

(a) reserves; and

(b) related actuarial items

the opinion, importantly, is based on:

(1) an asset adequacy analysis that is in accordance with governing law (eg, a state’s insurance code; etc.); and

(2) applicable actuarial standards of practice

see Rule 69O FAC 138.046

Congratulations! You're now Froogled Up™ on what "Actuarial Opinion" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,

www.FroogleMe.com

user comments

thank you, come again!
Froogle 1.1.1.7

ACTUARIAL OPINION

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