ACTUARIAL DECLARATION ((re)insurer)
Assignment
The assignment to issue an actuarial declaration, as referred to in the Financial Supervision Act (Wet op het financieel toezicht) in respect of the financial year <4> was issued to <3> by <1>, established in <2>. <5
Data
The data on which my audit was based were provided by and were compiled under the responsibility of the management board of the insurance company. In accordance with the guidelines "Cooperation between the auditor and the actuary in relation to the auditing of reports by insurance institutions", the insurer's auditor has informed me of his findings with regard to the reliability and completeness of the basic administrative data, and other assumptions which are of importance to my assessment.
Activities
In carrying out the assignment, in accordance with Section <6> of the Financial Supervision Act, I have examined whether the provisions referred to in the Actuarial Report have been determined adequately.
7
As part of the activities pertaining to the assignment, I have, for instance, assessed the assumptions, bases and methods applied in determining the provisions, and the tests of the adequacy of the provisions carried out by the insurer. In my assessment, I have also taken into account the prudential filter in accordance with Section 98 <8> of the Prudential Rules (Financial Supervision Act) Decree (Besluit prudentiële regels Wft).
My audit was carried out in such a way that it could be ascertained with a reasonable degree of certainty that the provisions and the adequacy test do not contain any inaccuracies of material importance. The activities described and the implementation thereof are in accordance with the applicable standards and common practice of the Dutch Actuarial Association and, in my view, provide a sound basis for my opinion.
Opinion
9
Provisions
Taking into account the above, I have satisfied myself that the provisions referred to in the Actuarial Report, viewed as a whole, were <10>determined adequately on the balance-sheet date.
11>.
Registered office of the certifying actuary>, <date
title and name of the certifying actuary AAG>
attached to
3
Notes to the Actuarial Declaration
1 <fill in / State the full legal name of the insurer assessed.2 <fill in / State the official town or city in which the insurer assessed has its registered office.
3 <fill in / State the full legal name of the office of the certifying actuary.
4 <fill in / State the financial year.
5 <optioneel / In the case of non-life insurers, if applicable, state:
’This declaration relates to the Fill in the branches to which the declaration applies. branches.’
In the case of non-life reinsurers and composite reinsurers, if applicable, state:
'This declaration relates to the Fill in the branches to which the declaration applies, namely: health, property, casualty and credit & bond branches'.
6 <fill in / State the respective number of the Section:
-<3:73> for insurers based in the Netherlands/
-<3:82(2)for branches in the Netherlands of non-life and life insurers based in a state which is not an EU Member State
-<3:86(2)for branch offices in the Netherlands of funeral insurers-in-kind and reinsurers based in a non-designated state.
7 <fill in if the administrative basic data have been approved / ‘The basic administrative data provided by the insurer are such that I have accepted these data as the point of departure for my assessment of the calculations’.
8fill in / State the respective number of the Subection:
-for life insurers, life reinsurers and funeral insurers-in-kind: (3)>;
-four non-life insurers and non-life reinsurers: <(4)>;
-for combined life and non-life reinsurers: <(3) and (4)>.
9fillin if the basic administrative data have not been approved
In this case, <7> is not included. / (If <7> ‘not’ is included:) ’ The basic administrative data provided by the insurer are such that I could not obtain sufficient certainty to form an opinion on the provisions referred to in the Actuarial Report.'
10optional / If <9> is included: fill in ‘not’ .
11optional / Notes or reservation (text to be formulated by the certifying actuary).