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LPS 320 definition

LPS 320 means APRA Prudential Standard LPS 320 Actuarial and Related Matters.

Examples of LPS 320 in a sentence

  • Life insurance (prudential standard) determination No. 11 of 2012 LPS 320 sets out the requirements for the roles and responsibilities of an Appointed Actuary, and the obligations of a life insurer to make arrangements to enable its Appointed Actuary to fulfil those roles and responsibilities.

  • APRA's Prudential Standard LPS 320 Actuarial and Related Matters discuss the need for a life company to obtain Appointed Actuary (AA) advice, prior to issuing or modifying life insurance policies, or entering into, modifying or terminating a reinsurance arrangement.The Board’s Life Pricing Advice Policy, pursuant to LPS320, governs the provision of this advice, including the appropriate audience for the advice.

  • It must be noted that where such estimation processes have taken place, the approximating valuation methodology used by the life company must be subject to the advice of the Appointed Actuary, in line with the requirements of Prudential Standard LPS 320 Actuarial and Related Matters.

  • However the Kauravas refused to make peace and hence war became a certainty.

  • The existing LPS 320 is amended so that the principal responsibility for determining the policy liabilities, prescribed capital amount and the capital base lies with the life insurer and, ultimately, its Board.

  • Our evidence shows that the prospect of a complaint being resolved between the consumer and their provider diminishes substantially after 8 weeks and that the costs for industry from the change to 8 weeks are expected to be low.

Related to LPS 320

  • O. Reg. 419/05 means the Ontario Regulation 419/05, Air Pollution – Local Air Quality.

  • Standard Methods for the Examination of Water and Wastewater means the most recent edition of Standard Methods for the Examination of Water and Wastewater published jointly by the American Public Health Association, the American Waterworks Association and the Water Environment Federation;

  • Delinquency Collection Policies and Procedures The delinquency collection policies and procedures of the Interim Servicer, a copy of which is attached to the Interim Servicing Agreement as Exhibit 11.

  • GAC20 means granular activated carbon filter beds with an empty-bed contact time of 20 minutes based on average daily flow and a carbon reactivation frequency of every 240 days.

  • L1. L2 etc means First or second Lowest Offer etc."L1. L2 etc" means First or second Lowest Offer etc. "LC" means Letter of Credit"LC" means Letter of Credit

  • Group Grievance is defined as a single grievance, signed by a Xxxxxxx or a Union Representative on behalf of a group of employee who have the same complaint. Such grievances must be dealt with at successive stages of the Grievance Procedure commencing with Step 1. The grievors shall be listed on the grievance form.

  • H1, H2 etc means First Highest, Second Highest Offers etc. in Disposal Tenders means

  • COVID-19 means SARS-CoV-2 or COVID-19, and any evolutions or mutations thereof or related or associated epidemics, pandemic or disease outbreaks.

  • As built plans means drawings depicting conditions as they were actually constructed.

  • Drip irrigation means any non-spray low volume irrigation system utilizing emission devices with a flow rate measured in gallons per hour. Low volume irrigation systems are specifically designed to apply small volumes of water slowly at or near the root zone of plants.

  • Wastewater treatment plant means a facility designed and constructed to receive, treat, or store waterborne or liquid wastes.

  • Stormwater runoff means water flow on the surface of the ground or in storm sewers, resulting from precipitation.

  • Medical flexible spending arrangement or "medical FSA" means a benefit plan whereby eligible state employees may reduce their salary before taxes to pay for medical expenses not reimbursed by insurance as provided in the salary reduction plan established under chapter

  • Servicer Policies and Practices means, with respect to the Servicer’s duties under Exhibit A to the Servicing Agreement, the policies and practices of the Servicer applicable to such duties that the Servicer follows with respect to comparable assets that it services for itself and, if applicable, others.

  • Non-potable water means water not safe for drinking, personal, or culinary use as determined by the requirements of 35 Ill. Adm. Code 604.

  • Title IV-E Foster Care means a federal program authorized under §§ 472 and 473 of the Social

  • Flexible vinyl adhesive means an aerosol adhesive designed to bond flexible vinyl to substrates. Flexible vinyl means a nonrigid polyvinyl chloride plastic with at least five percent, by weight, of plasticizer content. A plasticizer is a material, such as a high boiling point organic solvent, that is incorporated into a vinyl to increase its flexibility, workability, or distensibility, and may be determined using ASTM Method E260-91 or from product formulation data.

  • Policy Grievance shall be signed by a xxxxxxx or a Union representative or, in the case of an Employer's policy grievance, by the Employer or its representative.

  • PTCE 95-60 As defined in Section 5.02(b). PUD: A planned unit development.

  • Environmental Safeguards means the principles and requirements set forth in Chapter V, Appendix 1, and Appendix 4 (as applicable) of the SPS;

  • Wastewater Treatment Works means an arrangement of devices and structures for treating wastewater, industrial wastes, and sludge. Sometimes used as synonymous with "waste treatment plant" or "wastewater treatment plant" or "pollution control plant".

  • the environmental statement means the document certified as the environmental statement by the Secretary of State for the purposes of the Order;

  • Wastewater treatment system means any equipment, plants,

  • Model 2 seller means a seller registered under the agreement that:

  • Medicare Levy Surcharge means an extra charge payable by high income earners beyond the standard Medicare Levy if they do not have qualifying private hospital insurance coverage. This charge is assessed as part of an individual or family’s annual tax return.

  • Claims Allocation and Handling Agreement means the agreement of that name approved by XXX;