P/C Actuarial Opinion Instructions with Revised Qualified Actuary Definition

The Executive (EX) Committee's Ad Hoc commissioner group has released the proposed changes of the Property and Casualty 2019 Actuarial Opinion Instructions, including the Ad Hoc Group's draft qualified actuary definition and the Casualty Actuarial and Statistical (C) Task Force's draft qualification and related documentation requirements.

2019 P/C Actuarial Opinion Instructions (DOC)

Comments should be submitted to Kris DeFrain at kdefrain@naic.org by Feb. 15, 2019.
Comments may be addressed to the Executive (EX) Committee Ad Hoc Commissioner Group and the Casualty Actuarial and Statistical (C) Task Force separately or combined in one comment letter.

Following the comment period, there will be a 90-minute public hearing held on March 22, 2019.
Extra time is provided after the comment period and before the hearing due to the Appointed Actuary work schedules during this busy time of year.
More details regarding the March 22 call will be provided after the comment period ends.