Difference between revisions of "ASOP.43"

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==Study Tips==
 
==Study Tips==
  
Virtually all of the material in the ASOPs is included in higher-ranked readings.
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There are 4 ASOPs: ''(Virtually all of the material in the ASOPs is included in higher-ranked readings.)''
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* [[ASOP.20]] ''(Discounting)''
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* [[ASOP.36]] ''(SAO)''
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* [[ASOP.41]] ''(Communications)''
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* [[ASOP.43]] ''(Reserve Estimates)''.
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'''Estimated study time''': 30 minutes ''(not including subsequent review time)''
  
 
==BattleTable==
 
==BattleTable==

Revision as of 20:01, 7 April 2019

ASOP 43, Property/Casualty Unpaid Claim Estimates 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

There are 4 ASOPs: (Virtually all of the material in the ASOPs is included in higher-ranked readings.)

Estimated study time: 30 minutes (not including subsequent review time)

BattleTable

  • 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

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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