Difference between revisions of "ASOP.43"

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(In Plain English!)
(Study Tips)
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==Study Tips==
 
==Study Tips==
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Virtually all of the material in the ASOPs is included in higher-ranked readings.
  
 
==BattleTable==
 
==BattleTable==

Revision as of 16:25, 12 March 2019

This actuarial standard of practice (ASOP) provides guidance to actuaries when performing professional services relating to the estimation of loss and loss adjustment expense for unpaid claims for property/casualty coverages.

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Study Tips

Virtually all of the material in the ASOPs is included in higher-ranked readings.

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Based on past exams, the main things you need to know (in rough order of importance) are:

  • this reading has not been tested on any exam from the year 2012 and subsequent
reference part (a) part (b) part (c) part (d)
no prior questions

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In Plain English!

The quiz covers items the AA must identify regarding unpaid claims estimates, factors that should be considered when selecting a methodology, and required disclosures within the report.

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