Abstract
The purpose of this statement of principles is to identify and describe principles applicable to property and casualty valuations and appraisals. The statement establishes fundamental concepts for research and education regarding valuation techniques. The principles in the statement provide the foundation for actuarial procedures and standards of practice regarding valuations. The principles apply to valuations regarding any risk bearer of property and casualty contingencies.
Year
1989
Categories
Actuarial Applications and Methodologies
Valuation
Publications
Actuarial Review