Work scope 

  • Drafting of basic documents
  • Verification of the appropriateness of reserves and contingency reserves
  • Adequacy Verification of the allocation and processing of surplus and the insurance contractor’s dividends
  • Issues related to the insurance premium and reserves in the calculation of RBC ratio
  • Verification of the RBC
  • Issues concerning basic documents among public notification documents on products

 Execution method 

  • Support for the work of lead actuary based on the standards for verification of the lead actuary and related regulations (e.g. Insurance Business Act)
  • Support for expert personnel with multiple years of experience working as a lead actuary in life insurance or P&C insurance