Explain the powers of appointed actuary Pondicherry University 2015

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Explain the powers of appointed actuary? - Pondicherry University - 2015

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Asked On2017-10-27 15:24:49 by:Divyanshu-Changkakoti

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(1) An appointed actuary shall have access to all information or documents in possession, or under control, of the insurer if such access is necessary for the proper and effective performance of the functions and duties of the appointed actuary.

Answerd on:2022-01-29 Answerd By:Muskan-Kumari

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Access to all information or documents in possession, or under control, of the insurer if such access is necessary for the proper and effective performance of the functions and duties of the AA

 Seek any information from any officer or employee of the insurer

 To attend all meetings of the management including the directors of the insurer and have the right to speak and discuss on the matters that relates to:

 actuarial advice to the directors

 affecting the solvency position of the insurer

 affect the ability of the insurer to meet the reasonable expectations of policyholders

 To attend the meeting of the insurer at the insurer's annual accounts or financial statements are to be considered

Answerd on:2017-10-28 Answerd By:Ashwath-Shetty

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Explain the powers of appointed actuary? - Pondicherry University - 2015

An expert answer would be appreciated.

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