Statements of Actuarial Opinion on P/C Loss Reserves (2025)

The Committee on Property and Liability Financial Reporting’s practice note on Statements of Actuarial Opinion on P/C Loss Reserves (2025), including discussion regarding changes in the NAIC Annual Statement Instructions-Property/Casualty (NAIC Annual Statement Instructions) regarding the Actuarial Opinion, the Actuarial Opinion Summary, and Actuarial Report.