Description: From the 1986 Valuation Actuary Symposium, held in Washington DC in October 1986 Discussion of emerging practice and regulations of the NAIC and New York Insurance Department with respect to requirements placed on the methods and assumptions used by the valuation actuary in producing the support for the Actuarial Opinion as to the adequacy of reserves for life insurance companies

Description: Discussion of an annual seminar offered by the American Academy of Actuaries to enable actuaries to meet the minimum standards for signing actuarial opinions, such as those required for the Statutory Annual Statement, relating to their being tested on applicable economic, regulatory and legal environments.