Exposure Draft of ASOP No. 13 Revision Released
The ASB has released for comment an exposure draft of a revision to ASOP No. 13, Trending Procedures in Property/Casualty Insurance. The ASB expanded the ASOP to apply to all uses of trending procedures for P/C insurance. The new document also includes expanded material on reliance, documentation, communication and disclosures.
The comment deadline for this exposure is May 1, 2008.
You can view this exposure and all other ASOPs at the ASB website: ttp://actuarialstandardsboard.com.