Actuarial Standard of Practice No. 9, Documentation and Disclosure in Property and Casualty Ratemaking, Loss Reserving, and Valuations (Doc. 027)

A standard of practice set forth to define the documentation and disclosure required of an actuary in property and casualty insurance ratemaking, loss reserving and valuation. Related terms are defined. The standard details such items as the required extent of documentation, the prevention of misuse and the availability of documentation. Included in the standard are the related Casualty Actuarial Society Statements of Principles on Property and Casualty Insurance Ratemaking, Property and Casualty Loss and Loss Adjustment Expense Reserves and Property and Casualty Valuations. KEY WORDS: Exam Part 6, Standard of Practice, Reserving - General, Actuaries.