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Due Diligence - ASI will perform or review (as appropriate) actuarial analyses that supports the formation of actuarial opinion. Often the context of such analyses is entity-level financial reporting that involves individual assessment of multiple lines of business combined with an overall aggregate assessment of adequacy. However, ASI is also prepared to perform or review targeted risk-based reviews that the client may wish pursued. Examples include product oriented risks such as contained in variable annuity with guarantees funded by volatile assets, investment cash flow assumptions supporting actuarial opinion, liquidity risk assessment, and effectiveness of risk hedging programs, reinsurance risks and counterparty risks. Analyses may include tests of formula reserve compliance with statutory standards, analyses of project cash flows from policy obligations and associated premiums and invested assets. ASI is also prepared to perform or review either deterministic or stochastic actuarial analyses supporting determination of statutory RBC or economic capital adequacy.
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