CAPI 7.2.3 Consideration of outlook and future implications
(1) A reporting actuary must consider the outlook and any future implications for a matter required, under rule 7.2.2, to be in the financial condition report (a relevant matter).
(2) If the outlook or future implication of a relevant matter is adverse, the reporting actuary must propose recommendations to address the matter.
(3) A reporting actuary may rely on expert opinion if the actuary feels unqualified to comment on a relevant matter.
(4) Any expert opinion relied on by the actuary must be identified as such in the financial condition report.
|Derived from QFCRA RM/2011-1 (as from 1st July 2011)|