Approved actuary definition

Approved actuary means a person who is regularly engaged in the business of providing actuarial services and who is a fellow in the Society of Actuaries.

Approved actuary means an actuarial firm which:

Approved actuary means an individual approved by the Authority under section 26(3);6

Examples of Approved actuary in a sentence

• The approved actuary for the insurer must annually carry out an investigation to enable him or her to prepare a report about the insurer’s financial condition (a financial condition report).Note Approved actuary is defined in the glossary.

• Approved actuary" means a person who is regularly engaged in the business of providing actuarial services and who has at least 15 years of service to major public employee pension or retirement funds or who is a fellow in the society of actuaries.

• For general insurers, section 9 of Guidance Note GGN 220.1 Governance requires that ‘the Board must provide the Approved auditor and Approved actuary of the insurer with the opportunity to raise matters directly with the Board.

• In a similar vein, the draft prudential standards on fit and proper disallow a person from being appointed as both the Approved auditor and Approved actuary of an insurer.

More Definitions of Approved actuary

Approved actuary means a person who is regularly engaged in the business of providing actuarial services and who has at least 15 years of service to major public employee pension or retirement funds or who is a fellow in the Society of Actuaries.

Approved actuary means an actuary approved by the Authority to conduct an investigation into the liabilities of a registered insurer in respect of policies under section 37(1)(b) of the Act;

Approved actuary means a person who is regularly engaged in the business of providing actuarial services and who h––a–s–––a–t–––l–e–a–s–t–––1–5–––y–e–a–r–s–––o–f–––s–e–r–v–i–c–e–––t–o––m– –a–j–o–r–––p–u–b–l–i–c–––em– –p–l–o–y–e–e–––p–e–n–s–i–o–n–––o–r

Approved actuary means an actuary as defined in section356.215, subdivision 1, paragraph (c).

Approved actuary means an actuary approved in the manner

Approved actuary means a person approved by the Central Bank from time to time;.

Approved actuary means the person appointed by the Entity and approved by APRA under sections 39 and 40 of the Act.