| 单词 | appointed actuary |
| 释义 | appointed actuary in Insurance (əpɔɪntɪd æktʃuɛri) Word forms: (plural) appointed actuaries noun (Insurance: Life insurance) actuaryAn appointed actuary is an actuary appointed by a life insurance company, whose main role is to carry out a regular valuation of the reserves held to pay future policy benefits. The proposed revisions required an appointed actuary to produce a report attesting to the fact that a company had booked reserves satisfyingthe minimum reserve requirements. The appointed actuary is required to produce a report attesting to the fact that a company has createdreserves satisfying the minimum reserve requirements. An appointed actuary is an actuary appointed by a life insurance company, whose main role is to carryout a regular valuation of the reserves held to pay future policy benefits. |
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