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