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Actuarial Opinions
Chapter · Administrative Rules of South Dakota ·
View on sdlegislature.gov ↗
Sections (47)
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Definitions.
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Scope.
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Actuarial statements and supporting memorandums
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Submission of statement of actuarial opinion.
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Qualified actuary.
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Appointed actuary.
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Standards
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Liabilities to be covered.
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Required opinions.
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Company categories.
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Criteria for Category A company exemption.
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Criteria for Category B company exemption.
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Category A or Category B companies -- Required
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Criteria for Category C company exemption --
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Required filing of actuarial opinion.
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Category D company -- Required filing of
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Contents of statement of actuarial opinion not
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Recommended language.
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Opening paragraph.
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Regulatory paragraph.
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Scope paragraph -- General requirements.
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Scope paragraph -- Review of underlying records
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Scope paragraph -- Review of underlying records
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Opinion paragraph.
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Concluding paragraph.
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Notation of change in actuarial assumptions.
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Notation if actuary is unable to form an
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Opinion as to the accuracy and completeness of
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Contents of statement of actuarial opinion based
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Recommended language.
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Opening paragraph.
20:06:37:33
Notation of actuary's reliance upon experts.
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Reliance paragraph -- Examination of underlying
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Reliance paragraph --
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Opinion paragraph.
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Assumptions for new issues.
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Adverse opinions.
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Reliance on information furnished by other
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Description of actuarial memorandum including an
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Details of the memorandum section documenting
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Details of the regulatory asset adequacy issues
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Conformity to standards of practice.
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Additional consideration for analysis --
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Selection of assets for analysis.
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Use of assets supporting the interest
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Required interest scenarios.
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Documentation.