23 CAR § 23-401. General description

The statement of actuarial opinion required by this section shall consist of the following: (1) A paragraph identifying the appointed actuary and his or her qualifications; (2) A regulatory authority paragraph stating that the company is exempt pursuant to this part from submitting a statement of actuarial opinion based on an asset adequacy analysis and that the opinion, which is not based on an asset adequacy analysis, is rendered in accordance with this subpart; (3) A scope paragraph identifying the subjects on which the opinion is to be expressed and describing the scope of the appointed actuary’s work; and (4) An opinion paragraph expressing the appointed actuary’s opinion as required by Arkansas Code § 23-84-112.