Actuarial Standards
The purpose of the ASC is to develop and maintain all International Standards of Actuarial Practice (ISAPs). This goal is to be achieved on the basis of the Vision Statement for International Standards of Actuarial Practice and Due Process, and the Statement of Objectives for International Standards of Actuarial Practice, both adopted by Council. ISAPs should be broadly acceptable to the IAA member associations.
“A profession without practice standards risks having them forced on it by somebody else.” Dave Pelletier, ASC Chair (2011 to 2014)
“Sound practice standards are the foundation of a profession.” Alf Gohdes, ASC Chair (2015 to 2017)