Transcription of Modeling Fourth Exposure Draft - actuarialstandardsboard.org
{{id}} {{{paragraph}}}
Example: bankruptcy
Modeling Fourth Exposure Draft - actuarialstandardsboard.org
Fourth Exposure Draft . Proposed Actuarial Standard of Practice Modeling Comment Deadline: May 15, 2019. Developed by the Modeling Task Force of the General Committee of the Actuarial Standards Board Approved for Exposure by the Actuarial Standards Board December 2018. Fourth Exposure Draft December 2018. TABLE OF CONTENTS. Transmittal Memorandum iv STANDARD OF PRACTICE. Section 1. Purpose, Scope, Cross References, and Effective Date 1 Purpose 1 Scope 1 Cross References 2 Effective Date 2 Section 2. Definitions 2 Assumption 2 Data 2 Governance and Controls 2 Input 2 Intended Purpose 2 Intended User 2 Model 2 Model Risk 3 Model Run 3 Output 3 Overfitting 3 Parameter 3 Section 3. Analysis of Issues and Recommended Practices 3 Model Meeting the Intended Purpose 3 Designing, Developing, or Modifying the Model 3 Selecting, Using, Reviewing, or Evaluating the Model 3 Understanding the Model 4 Model Structure 4 Data 4 Assumptions and Parameters Used As Input 5 Reliance on Data or Other Information Supplied by Others 6 Reliance on Models Developed by Others 6 Reliance on Experts 6 Mitigation of Model Risk 7 Model Testing 7 Model Va
FOURTH EXPOSURE DRAFT—December 2018 vi Second Exposure Draft A second exposure draft, titled Modeling, was released in November 2014 with a comment deadline of March 1, 2015. Thirty-seven comment letters were received and considered in
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: