ASOP 41: Communications

Question 1

Actuarial Report

Answer 1

Set of documents that the actuary determines to be relevant to specific actuarial findings that is available to the intended user

Question 2

Oral communications, ASOP 41

Answer 2

If actuary suspects communication may be transmitted to other parties, should try to later produce actuarial document

Question 3

ASOP 41 Disclosures

Answer 3

Actuary responsible for document; date/subject of document; intended users; intended purpose; acknowledgement of qualification; conflict of interest; documents comprising the report; subsequent events; limitations; cautions about risk/uncertainty

Question 4

ASOP 41 Disclosures if assumptions/methods prescribed by law

Answer 4

Applicable law
Assumptions/methods prescribed by the law
That report was prepared in accordance with law

Question 5

ASOP 41: not possible to make disclosures

Answer 5

Make in separate communication and request it be disseminated with the report