Risk Management Professional Standards and Guidance
Professional Standards and Guidance relating to Risk Management.
Current documents
Professional Standards
PS 1 Continuing Professional Development (January 2020 rebranded October 2024)
PS 1 Continuing Professional Development (rebranded October 2024) Explanatory Memorandum
Practice Guidelines
PG 1 General Actuarial Practice (March 2020)
PG 5 Insurer Enterprise Risk Models (March 2020)
PG 5 Insurer Enterprise Risk Models (March 2020) 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 6B Actuarial Advice Regarding Risk Management (June 2023)
PG 6B Actuarial Advice Regarding Risk Management (June 2023) Explanatory Memorandum
Technical Papers
TP Climate Change for Appointed Actuaries (December 2023)
Information Notes
IN Artificial Intelligence and Discrimination in Insurance Pricing and Underwriting (December 2022)
Others
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].
PG 1 Glossary Defined Terms of Practice Guideline General Actuarial Practice (August 2018)
PG 1 Glossary Defined Terms of Practice Guideline General Actuarial Practice (June 2017)
PG 1 Practice Guideline General Actuarial Practice (June 2017)
PG 1 Practice Guideline General Actuarial Practice (June 2017) Explanatory Memorandum
PG 199.01 Prescribed Actuarial Advice Reporting (December 2009)
PG 199.01 Prescribed Actuarial Advice Reporting (December 2009) Explanatory Memorandum
PG 199.02 Relationship with the Auditor when Actuarial Work is Used in an Audit (June 2018)
PG 5 Actuarial Practice in Relation to Insurer Enterprise Risk Models (September 2018)