Health Professional Standards and Guidance
Professional Standards and Guidance relating to the Health practice area.
Current documents
Professional Standards
PS 1 Continuing Professional Development (January 2020 rebranded October 2024)
PS 102 Financial Condition Report (October 2024)
PS 102 Financial Condition Report (rebranded October 2024) Explanatory Memorandum
PS 103 Actuarial Review (October 2024)
PS 103 Actuarial Review (rebranded October 2024) Explanatory Memorandum
PS 602 Valuations of Health Insurance Claims (October 2024)
PS 602 Valuations of Health Insurance Claims (rebranded October 2024) Explanatory Memorandum
Practice Guidelines
PG 1 General Actuarial Practice (March 2020)
PG 101 Investment Performance Measurement and Presentation (October 2024)
PG 199.02 Relationship with the Auditor when Actuarial Work is Used in an Audit (October 2024)
PG 199.03 Economic Valuations (March 2011)
PG 4 AASB 17 Insurance Contracts (January 2023)
PG 4 AASB 17 Insurance Contracts (May 2021) Explanatory Memorandum
PG 6A Target Capital Life, General and Health Insurance (April 2022)
PG 6A Target Capital Life, General and Health Insurance (April 2022) Explanatory Memorandum
PG 699.00 Definitions (March 2018)
PG 699.00 Definitions (March 2018) Explanatory Memorandum
PG 699.01 Pricing and Financial Projections for Australian Private Health Insurers (March 2018)
Technical Papers
TP Climate Change for Appointed Actuaries (December 2023)
TP AASB 17 Insurance Contracts (February 2021)
TP Actuarial Advice Framework (August 2018)
Information Note
IN Artificial Intelligence and Discrimination in Insurance Pricing and Underwriting (December 2022)
Other
Glossary of Defined Terms Used in Practice Guidelines (October 2024)
It is important that you also check that there are no multi-practice professional practice documents that may be relevant to your actuarial practice.
Archive documents
Members may request copies of previous exposure drafts by contacting the Institute team at [email protected].
PS 101 Investment Performance Measurement and Presentation (March 2021)
PS 101 Investment Performance Measurement and Presentation (March 2021) Explanatory Memorandum
PS 600 Valuations of Health Insurance Claims (October 2023) Exposure Draft
PS 600 Valuations of Health Insurance Claims (October 2023) Explanatory Memorandum
PS 600 Financial Condition Reports for Private Health Insurers (March 2017) Explanatory Memorandum
PG 199.02 Relationship with the Auditor when Actuarial Work is Used in an Audit (July 2023)
PG 699.01 Pricing and Financial Projections for Private Health Insurers (September 2012)
PG 699.02 Valuations of Health Insurance Liabilities (March 2018)
PG 699.02 Valuations of Health Insurance Liabilities (March 2018) Explanatory Memorandum
PG 699.02 Valuation of Health Insurance Liabilities (December 2012)
PG 699.02 Valuation of Health Insurance Liabilities (December 2012) Explanatory Memorandum
