ASOP.43

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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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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!

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