Actuarial Valuation as per AS 15

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vikas (Querist)
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17 June 2008 Whether Actuarial valuation done by a Qualified Actuary employed by an Insurance organisation will comply with the requirements of AS 15?
As per the guidance note on AS 15 issued by ICAI (published in June 2007 - CA Journal), it is not necessary to get a separate Actuarial Certificate, if the Insurance company has made the Acturaial valuation by a qualified Actuary.Further I would like to know if there is any judicial pronouncement regarding this matter after June'07.

Taranjit Singh

Taranjit Singh (Expert)
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01 October 2009 Visit this link

https://www.actuariesindia.org/Professional%20Guidance/Guidance/pdf/Latest%20version%20of%20GN%2026%20_1_.pdf

Taranjit Singh

Taranjit Singh (Expert)
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01 October 2009 Visit this link

https://www.actuariesindia.org/Professional%20Guidance/Guidance/pdf/Latest%20version%20of%20GN%2026%20_1_.pdf

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