Examples of Actuarial certification in a sentence
The commissioner retains the discretion to require greater amounts than set forth in those chapters when the risk-based circumstances of a particular insurer, including the type, nature and volume of business being written, require it.[ARC 5515C, IAB 3/10/21, effective 4/14/21] 191—5.29(508,515) Actuarial certification of reserves.
Actuarial certification and rate stabilization information, as described in the Guidance Manual, and contingent benefit upon lapse information, including reserve treatment.
The following shall be submitted as part of the unaudited annual ASR Financial Report:⮚ One copy of the annual ASR Financial Report;⮚ Actuarial certification of incurred claims;⮚ Claim lag template;⮚ Certification by the CEO or CFO, as discussed in Chapter 2, General Reporting Requirements, using the naming convention as described in Chapter 2.
Actuarial certification would give better assurance that the actuarial values in the bid were prepared in conformance with actuarial standards and methodologies.
Actuarial certification and language as prescribed in the Part III Actuarial Memorandum Instructions.