Actuarial reporting standards require appointed actuaries to file valuation, capital, investment and admissible asset statements at prescribed intervals. Appointed Actuaries must submit actuarial reports complying with applicable professional standards. Required filings include actuarial valuation and ... Summary
International Financial Services Centres Authority (Appointed Actuary) Regulations, 2022
Actuarial reporting standards require appointed actuaries to file valuation, capital, investment and admissible asset statements at prescribed intervals.
Appointed Actuaries must submit actuarial reports complying with applicable professional standards. Required filings include actuarial valuation and investment certificates, a statement of admissible assets, liabilities and capital adequacy, and an actuarial valuation report addressing reserve methodology, capital requirements, estimation variability, and qualifications. For unincorporated IIOs, professional standards are determined by the parent entity's home-country regulator. Requisite forms must be filed quarterly or at another specified periodicity.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.