Sentences with appointed actuary
ap·point·ed ac·tu·ar·y
A a - The proposed revisions required an appointed actuary to produce a report attesting to the fact that a company had booked reserves satisfying the minimum reserve requirements.The appointed actuary is required to produce a report attesting to the fact that a company has created reserves satisfying the minimum reserve requirements.An 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.