Actuarial Opinions

  • I see too many statements of actuarial opinion currently stating that the reserves meet all legal standards where the opinion isn’t worth the paper its written on.
    • I’m afraid that there are too many actuaries who have rather loose ideas of current standards of practice in this regard. 

—  J. Alan Lauer, chief actuary for the State of Pennsylvania

1985 – SOA – Actuarial Opinions On Asset-Liability Matching, rsa85v11n4b13 – Society of Actuaries – 24p