Actuarial report

{
  "id": "MLC-T-INS-000312",
  "term": "Actuarial report",
  "field": "Insurance and risk management",
  "definition": "A formal document prepared by an actuary that provides an independent assessment of an insurer's financial condition, including reserves, liabilities, and future obligations. It uses statistical methods and probability theory to analyze past data and project future trends. This report is a regulatory requirement for many insurance companies and pension funds, informing stakeholders about financial soundness.",
  "url": "https://mlchart.com/terminology/insurance/actuarial-report/"
}