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Actuarial Standards


By using this site you are deemed to have read and acknowledged our disclaimer.

Number

Title

AS1.04 Valuation of Policy Liabilities
AS2.04 Solvency Standard
AS3.04 Capital Adequacy Standard
AS4.02 Minimum Surrender Values and Paid-Up Values
AS5.02 Cost of Investment Performance Guarantees
AS6.03 Management Capital Standard
AS7.02 General Standard

These standards apply to all Life Companies including Friendly Societies

AS1.03 will still apply to life companies other than friendly societies for reporting periods ending before 31 December 2005.

ASFS1.02 will still apply to friendly societies for reporting periods ending before 31 May 2005.

All other standards apply with effect from 31 December 2005

The Solvency standard, Capital Adequacy Standard and General Standard were updated on 30 March 2006. The updated versions are available above. The Instrument of Variation and the Explanatory Statement describe and explain the changes made.

Actuarial Standards that have been revoked have been removed from this website. They are available through contacting the Australian Prudential Regulation Authority.



Authorised Deposit-Taking Institutions | General Insurance | Superannuation | Life Insurance | Friendly Societies

Australian Prudential Regulation Authority