Guidelines
Guidelines on the Preparation of Actuarial Investigation Report (ID 01/20)
To provide guidance on the information that should be disclosed when an actuary prepares a report referred to in section 37(1)(b) of the Act (an “actuarial investigation report”).
This Guideline is issued following the cancellation of the previous MAS Notice 319 and Guidelines ID 1/04, and comprises guidance on the information that should be disclosed when an actuary prepares a report referred to in section 37(1)(b) of the Act (an “actuarial investigation report”). The relevant parts of the previous MAS Notice 319 and Guidelines ID 1/04 have been moved into this new Guideline, which has also incorporated features relating to RBC 2 framework.
This Guideline applies to any licensed insurer required under section 37 of the Act to have an investigation made by an actuary into the financial condition of each class of the business that it carries on.
This Guideline applies to any licensed insurer required under section 37 of the Act to have an investigation made by an actuary into the financial condition of each class of the business that it carries on.
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