Actuarial Standards Board definition

Actuarial Standards Board means the board established by the American Academy of Actuaries to develop and promulgate standards of actuarial practice.
Actuarial Standards Board. Means the Board established by the American Academy of Actuaries to develop and promulgate standards for the practice of the actuarial profession.
Actuarial Standards Board. [—is] means the board estab- lished by the American Academy of Actuaries to develop and pro- mulgate standards of actuarial practice.

Examples of Actuarial Standards Board in a sentence

  • Actuaries establish the capitation rates using practices established by the Actuarial Standards Board.

  • To the best of our knowledge, this report is complete and accurate, was prepared in conformity with generally recognized actuarial principles and practices, with the Actuarial Standards of Practice issued by the Actuarial Standards Board, and is in compliance with Act No. 220 of the Public Acts of 1996, as amended, and the MERS Plan Document as revised.

  • To ensure compliance with generally accepted actuarial practices and regulatory requirements, we referred to published guidance from the American Academy of Actuaries (AAA), the Actuarial Standards Board (ASB), the Centers for Medicare and Medicaid Services (CMS), and federal regulations.

  • All calculations have been made in conformity with generally accepted actuarial principles and practices as well as with the Actuarial Standards of Practice issued by the Actuarial Standards Board.

  • An individual who meets the qualification standards established by the American Academy of Actuaries for an actuary and follows the practice standards established by the Actuarial Standards Board.

  • Xx. Xxxxxx meets the qualification standards established by the American Academy of Actuaries and follows the practice standards established by the Actuarial Standards Board, to certify that the final rates meet the standards in 42 CFR 438.4(a).

  • In accordance with 42 C.F.R §438.2, an actuary is an individual who meets the qualification standards established by the American Academy of Actuaries for an actuary and follows the practice standards established by the Actuarial Standards Board.

  • The update procedures are in conformity with Actuarial Standards of Practice issued by the Actuarial Standards Board.

  • Actuary means an individual who meets the qualification standards established by the American Academy of Actuaries for an actuary and follows the practice standards established by the Actuarial Standards Board.

  • Actuary – As defined in 42 CFR 438.2, an individual who meets the qualification standards established by the American Academy of Actuaries for an actuary and follows the practice standards established by the Actuarial Standards Board.


More Definitions of Actuarial Standards Board

Actuarial Standards Board means the board established by the
Actuarial Standards Board means the board established by the American Academy
Actuarial Standards Board means the board that is established by

Related to Actuarial Standards Board

  • Actuarial opinion means the opinion of an appointed actuary regarding the adequacy of the reserves and related actuarial items based on an asset adequacy analysis in accordance with subrule 5.34(6) and with applicable actuarial standards.

  • AICPA means the American Institute of Certified Public Accountants;