Announcements - Current

For life actuaries

Final Communication of a Promulgation of Prescribed Mortality Improvement Rates and Associated MfADs within Practice-Specific Standards on Insurance Contract Valuation: (Subsection 2350) and the Accompanying Promulgation

This final communication of promulgation introduces changes to the Promulgation of Prescribed Mortality Improvement Rates Referenced in the Standards of Practice for the Valuation of Insurance Contract Liabilities: Life and Health (Accident and Sickness) Insurance (Subsection 2350). It was approved for distribution by the Actuarial Standards Board (ASB) on July 27, 2017. Due process has been followed in the development of this final communication of promulgation.

The effective date of this final promulgation is October 30, 2017. Early implementation is permitted.

Final Communication
Excel file

Announcement Number
August 3, 2017