Have you read the Actuarial Standards of Practice (ASOP) 9, 23, 36, 41 and 43 lately? A reserving/ opining actuary should review these ASOP’s and others every year before producing an opinion or actuarial report. ASOP 9 discusses Documentation and Disclosures, ASOP 41 covers Actuarial Communications; ASOP 23 discusses Data Quality; ASOP discusses 36 Statement of Actuarial Opinion; and ASOP 43 covers Property/Casualty Unpaid Claim Estimates. There are a lot of “shoulds” in these ASOP; i.e. the actuary “should consider” or “should discuss” etc. Come for a lively discussion on these ASOP’s and the proposed changes to ASOP 36.