Abstract
Practices employed in issuing statements of actuarial opinion on loss and loss expense reserves in compliance with the P&C Annual Statement Instructions for 1997 are discussed. The NAIC Annual Statement Instruction language is presented first, followed by advice and examples interpreting each particular section of instructions.
KEY WORDS: Actuaries, Accounting, Appointed Actuary, Asbestos, Financial Reporting, Insurance Company Financial Condition, Reinsurance, Statement of Opinion.
Year
1997
Categories
Actuarial Applications and Methodologies
Accounting and Reporting
Annual Statement
Actuarial Applications and Methodologies
Accounting and Reporting
Statement of Actuarial Opinion (SAO);
Actuarial Applications and Methodologies
Reserving
Publications
Property and Casualty Practice Note 1997, Statements of Actuarial Opinion on P&C Loss Reserves
