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CHAPTER 4821112 ACTUARIAL OPINION AND MEMORANDUMTable of Contents Page 4821112.01 Purpose.2 4821112.02 Authority.2 4821112.03 Scope.2 4821112.04 Definitions.3 4821112.05 General Requirements.4 4821112.06 Statement
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Statements of actuarial opinion are documents provided by an actuary that express their professional opinion on the financial condition and risks of an entity.
Insurance companies and other entities that are subject to regulatory requirements are typically required to file statements of actuarial opinion.
Statements of actuarial opinion are filled out by qualified actuaries who review the financial data of an entity and provide an opinion on its financial condition and risks.
The purpose of statements of actuarial opinion is to provide regulators and stakeholders with an independent assessment of an entity's financial health and risks.
Statements of actuarial opinion typically include an analysis of assets, liabilities, and risks, as well as any assumptions and methods used in the actuarial calculations.
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