Actuarial Function Holder definition

Actuarial Function Holder means the holder of the “Actuarial Function” as defined in the relevant regulations.
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Actuarial Function Holder means (in respect of any period prior to the Solvency II Implementation Date) the person appointed by the relevant Transferor or Transferee from time to time to perform the "actuarial function", as described in SUP 4.3.13R;
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Actuarial Function Holder means, in relation to an insurer, the person appointed by that insurer from time to time to perform the duties set out in SUP 4.3.13R;
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Related to Actuarial Function Holder

  • Actuarial certification means a written statement by a member of the American Academy of

  • Servicing Function Participant Any Additional Servicer, Sub-Servicer, Subcontractor or any other Person, other than the Certificate Administrator, the Operating Advisor, the Master Servicer, the Special Servicer and the Trustee, that is performing activities that address the Servicing Criteria, unless such Person’s activities relate only to 5% or less of the Mortgage Loans by unpaid principal balance calculated in accordance with the provisions of Regulation AB.

  • Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.

  • Actuarial valuation means a mathematical determination of

  • 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.