Actuarial Standards of Practice
Actuarial Standards of Practice (ASOPs) offer Academy members direction on the methodologies, techniques, procedures, and applications that embody sound practice principles within the United States.
Topic: General
Effective Date: 06/01/2013
Topic: Life
Effective Date: 06/01/2022
Topic: Health
Effective Date: 06/01/2022
ASOP 4
Measuring Pension Obligations and Determining Pension Plan Costs or Contributions
Status: Adopted ViewTopic: Pension
Effective Date: 02/13/2023
Topic: Health
Effective Date: 09/01/2017
ASOP 8
Regulatory Filings for Health Benefits, Accident and Health Insurance, and Entities Providing Health Benefits
Status: Adopted ViewTopic: Health
Effective Date: 09/01/2014
Topic: General
Effective Date: 05/01/2006
Topic: Casualty
Effective Date: 11/01/2009
ASOP 14
Repeal of ASOP No. 14 – When to Do Cash Flow Testing for Life and Health Insurance Companies
Status: Adopted View
ASOP 15
Dividends for Individual Participating Life Insurance, Annuities, and Disability Insurance
Status: Adopted ViewTopic: Life
Effective Date: 08/01/2006
Topic: General
Effective Date: 12/01/2018
Topic: Health
Effective Date: 09/01/2022
Topic: Life
Effective Date: 11/01/2005
Topic: Casualty
Effective Date: 12/01/2023
ASOP 21
Responding to or Assisting Auditors or Examiners in Connection with Financial Audits, Financial Reviews, and Financial Examinations
Status: Adopted ViewTopic: General
Effective Date: 12/15/2016
Topic: General
Effective Date: 04/30/2017
Topic: General
Effective Date: 04/30/2017
Topic: General
Effective Date: 05/01/2014
ASOP 26
Compliance with Statutory and Regulatory Requirements for the Actuarial Certification of Small Employer Health Benefit Plans
Status: Adopted ViewTopic: Health
Effective Date: 01/01/1997
Topic: Pension
Effective Date: 01/01/2025
ASOP 28
Statements of Actuarial Opinion Regarding Health Insurance Assets and Liabilities
Status: Adopted ViewTopic: Health
Effective Date: 10/01/2024
ASOP 29
Expense Provisions for Prospective Property/Casualty Risk Transfer and Risk Retention
Status: Adopted ViewTopic: Casualty
Effective Date: 07/01/2024
ASOP 30
Treatment of Profit and Contingency Provisions and the Cost of Capital in Property/Casualty Insurance Ratemaking
Status: Adopted ViewTopic: Casualty
Effective Date: 12/01/1997
ASOP 31
Repeal of ASOP No. 31 – Documentation in Health Benefit Plan Ratemaking
Status: Adopted ViewTopic: General
Effective Date: 09/01/2021
ASOP 33
Actuarial Responsibilities with Respect to Closed Blocks in Mutual Life Insurance Company Conversions
Status: Adopted ViewTopic: Life
Effective Date: 06/01/1999
ASOP 34
Actuarial Practice Concerning Retirement Plan Benefits in Domestic Relations Actions
Status: Adopted ViewTopic: Pension
Effective Date: 12/01/2015
ASOP 35
Selection of Demographic and Other Noneconomic Assumptions for Measuring Pension Obligations
Status: Repeal ViewTopic: Pension
Effective Date: 01/01/2025
ASOP 36
Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves
Status: Adopted ViewTopic: Casualty
Effective Date: 10/01/2024
ASOP 37
Allocation of Policyholder Consideration in Mutual Life Insurance Company Demutualizations
Status: Adopted ViewTopic: Life
Effective Date: 12/15/2000
Topic: General
Effective Date: 12/01/2021
ASOP 39
Treatment of Catastrophe Losses in Property/Casualty Insurance Ratemaking
Status: Adopted ViewTopic: Casualty
Effective Date: 12/15/2000
ASOP 40
Compliance with the NAIC Valuation of Life Insurance Policies Model Regulation with Respect to X Factors
Status: Adopted ViewTopic: Life
Effective Date: 09/15/2024
Topic: General
Effective Date: 05/01/2011
ASOP 42
Health and Disability Actuarial Assets and Liabilities Other Than Liabilities for Incurred Claims
Status: Adopted ViewTopic: Health
Effective Date: 08/01/2018
Topic: Casualty
Effective Date: 09/01/2007
Topic: Pension
Effective Date: 03/15/2008
Topic: Health
Effective Date: 07/01/2012
ASOP 46 & 47
Risk Evaluation in Enterprise Risk Management & Risk Treatment in Enterprise Risk Management
Status: Repeal ViewTopic: ERM
Effective Date: 05/01/2025
Topic: Life
Effective Date: 04/30/2014
Topic: Health
Effective Date: 08/01/2015
ASOP 50
Determining Minimum Value and Actuarial Value under the Affordable Care Act
Status: Adopted ViewTopic: Health
Effective Date: 01/31/2016
ASOP 51
Assessment and Disclosure of Risk Associated with Measuring Pension Obligations and Determining Pension Plan Contributions
Status: Adopted ViewTopic: Pension
Effective Date: 11/01/2018
ASOP 52
Principle-Based Reserves for Life Products under the NAIC Valuation Manual
Status: Adopted ViewTopic: Life
Effective Date: 12/31/2017
ASOP 53
Estimating Future Costs for Prospective Property/Casualty Risk Transfer and Risk Retention
Status: Adopted ViewTopic: Casualty
Effective Date: 08/01/2018
Topic: Life
Effective Date: 12/01/2018
Topic: ERM
Effective Date: 11/01/2019
Topic: ERM
Effective Date: 05/01/2025