Difference between revisions of "ASOP43.UnpaidClmEst"
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| − | + | * ''this reading has not been tested on any exam from the year 2012 and subsequent'' | |
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| − | + | ! style="width: 175px;" | reference !! style="width: 175px;" | part (a) !! style="width: 185px;" | part (b) !! style="width: 175px;" | part (c) !! part (d) | |
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| − | + | || ''no prior questions'' | |
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Revision as of 14:51, 14 July 2020
Reading: Actuarial Standard of Practice No. 43, Property/Casualty Unpaid Claim Estimates
Pop Quiz
Study Tips
ASOPs generally have these sections:
- Section 1. Purpose, Scope, Cross References, and Effective Date
- Section 2. Definitions
- Section 3. Analysis of Issues and Recommended Practices
- Section 4. Communications and Disclosures
- Appendices
Sections 3 & 4 contain most of the relevant information. The definitions in Section 2 are usually obvious and familiar, and are covered in either the Werner of Friedland source texts anyway. You can skip Section 1 and the Appendices. The appendices usually contain either very general background information or comments on the draft version of the ASOP.
Estimated Study Time: 30 minutes (you may occasionally refer back to this ASOP while studying the main pricing and reserving material)
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
