Standards of Practice for the Appointed Actuary of an Insurance Company

This standard of practice establishes conditions that should be met before appointing an actuary and the information that should be sought by an appointed actuary. A discussion of the appropriate disclosures to company management, the board of directors, and to readers of financial statements is also included. KEY WORDS: Actuaries, Appointed Actuary, Canadian Issues, Exams - Part 7, Exams - Part 7C, Financial Reporting, Insurance Company Valuation, Standard of Practice.