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International Standards of Actuarial Practices

The IAA develops International Standards of Actuarial Practice (ISAPs) which are model standards of practice. The IAA encourages its member associations to have in place standards of practice that are substantially consistent with these standards. ISAPs are model standards of actuarial practice and, as such, are not binding on any actuary.
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International Standard of Actuarial Practice
ISAP – Glossary
May 27, 2023
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International Standard of Actuarial Practice
ISAP 1 – General Actuarial Practice
December 1, 2018
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International Standard of Actuarial Practice
ISAP 1A – Governance of Models
December 1, 2018
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International Standard of Actuarial Practice
ISAP 2 – Financial Analysis of Social Security Programs
December 1, 2018
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International Standard of Actuarial Practice
ISAP 3 – IAS 19 Employee Benefits
December 1, 2018
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International Standard of Actuarial Practice
ISAP 4 – IFRS 17 Insurance Contracts
IMPORTANT NOTE: The ASC has considered the amendments made to IFRS 17 in June 2020, and reviewed ISAP 4 to asses the need for any resulting updates. The review concluded that the changes identified are inconsequential, and does not necessitate […]
December 1, 2019
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International Standard of Actuarial Practice
ISAP 5 – Insurer Enterprise Risk Models
December 1, 2018
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Governing Documents