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Froogle 1.1.1.7
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Froogled By:
Elias Makere, FSA, MAAA
Last Froogled:

ASSET ADEQUACY ANALYSIS

1. an analysis of the adequacy of reserves (and other liabilities [being tested]) – in light of the assets supporting such reserves (and other liabilities). The reserves, liabilities, assets are specified in the statement of actuarial opinion.
2. an analysis that meets the standards (and other requirements) that have been established by the Actuarial Standards Board. Such standards include – but are not limited to:
(a) identifying the appointed actuary;

(b) providing statements regarding reliance on others/data/etc; and/or

(c) disclosing any inconsistencies/qualifications/etc.
Congratulations! You're now Froogled Up™ on what "Asset Adequacy Analysis" means!

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

Sincerely,



www.FroogleMe.com
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