Actuarial reporting requires appointed actuaries to certify valuations, capital adequacy, investments, and quarterly regulatory forms. Actuarial reports must comply with regulatory guidelines and applicable professional standards. The appointed actuary must provide, where applicable, a ... Summary
International Financial Services Centres Authority (Appointed Actuary) Regulations, 2022
Actuarial reporting requires appointed actuaries to certify valuations, capital adequacy, investments, and quarterly regulatory forms.
Actuarial reports must comply with regulatory guidelines and applicable professional standards. The appointed actuary must provide, where applicable, a certificate concerning the parent entity's asset and liability valuation and capital adequacy, together with an IIO valuation report on reserve methodology, capital requirements, estimate variability, and qualifications. Investment-value certification and a statement of admissible assets, liabilities, and capital adequacy are also required. Requisite forms must be filed quarterly or at another specified periodicity.
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