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Life Reinsurance Forum 30 May 2018DisclaimerThe views expressed in this presentation are those of the presenter(s) and not necessarily of the Society of Actuaries in IrelandLife Reinsurance Committee
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What is statement of actuarial opinion?
The statement of actuarial opinion is a document prepared by an actuary providing their professional opinion on the financial soundness of an insurance company's reserves.
Who is required to file statement of actuarial opinion?
Insurance companies are required to file a statement of actuarial opinion.
How to fill out statement of actuarial opinion?
The statement of actuarial opinion must be filled out by a qualified actuary and submitted according to regulatory guidelines.
What is the purpose of statement of actuarial opinion?
The purpose of the statement of actuarial opinion is to ensure that insurance companies have adequate reserves to cover their policyholder obligations.
What information must be reported on statement of actuarial opinion?
The statement of actuarial opinion must include the actuary's opinion on the adequacy of reserves, methods used, and any material assumptions.
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