2024 Webinar - Recent and Proposed Changes to Actuarial Standards - August 13
Actuarial Standards of Practice evolve. Two veterans of the Professionalism Education Working Group will present two ASOPs with recently adopted revisions.
ASOP 36 Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves will be effective Oct 1, 2024.
ASOP 29 Expense Provisions for Prospective Property/Casualty Risk Transfer and Risk Retention effective July 1, 2024.
In addition, we will talk through the process for adopting and revising ASOPs and visit other ASOPs currently being reviewed
Learning Objectives:
- Recall the main issues that triggered revisions to ASOP 36 and 29.
- Refer efficiently to the revised standards.
- Understand the revision process for ASOPs.
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