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INSTITUTE AND FACULTY OF ACTUARIESCurriculum 2019 Subject CP1 Actuarial Practice Specimen Examination Solutions Paper 2 Institute and Faculty of ActuariesSubject CP1 (Actuarial Practice), Paper 2
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Actuarial practice CP1 institute is the practice of setting up and managing actuarial models for insurance companies.
Actuaries and insurance companies are required to file actuarial practice CP1 institute.
To fill out actuarial practice CP1 institute, one must provide detailed information on actuarial models used and financial data of the insurance company.
The purpose of actuarial practice CP1 institute is to ensure that insurance companies' actuarial models are accurate and comply with regulations.
Information such as actuarial assumptions, data sources, model outputs, and financial results must be reported on actuarial practice CP1 institute.
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