CAS Exam 6C Spring 2015, Question 34
Study guide: Exam 6C
Part a (0.75 points)
Briefly describe the three objectives of the Office of the Superintendent of Financial Institutions (OSFI) in requiring peer review of the work of the Appointed Actuary.
Part b (1 point)
The peer reviewer is expected to review the appropriateness and extent of internal and external material changes affecting the valuation of policy liabilities and ceded reinsurance assets. Identify four examples of material changes that the reviewer should consider.
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