Printer friendly

What does ASOP stand for?

ASOP stands for Actuarial Standards of Practice

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Science, medicine, engineering, etc.
  • Organizations, NGOs, schools, universities, etc.
  • Business, finance, etc.

See other definitions of ASOP

Other Resources:
We have 31 other meanings of ASOP in our Acronym Attic

Samples in periodicals archive:

Indeed, in 2008 testimony on behalf of the Personal Insurance Federation of California, Association of California Insurance Companies and American Insurance Association, former Department of Insurance Actuary Shawna Ackerman explained: "There is no such criteria as 'most actuarially sound' in the actuarial community, actuarial literature or the Actuarial Standards of Practice.
Pacheco said the policy brief by the Stanford Institute for Economic Policy Research also relies on methodologies out of sync with government accounting rules and actuarial standards of practice.
The academy promulgates qualification standards, the Actuarial Standards of Practice and the Code of Professional Conduct, and provides a formal panel for counseling and discipline to ensure actuaries maintain the highest professional standards.
These smoothing techniques meet the actuarial standards of practice, and will go far to help prevent wild swings in employer contributions," said Kurato Shimada, Chair of the Benefits and Program Administration Committee.