Explain the powers of appointed actuary Pondicherry University 2015
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Explain the powers of appointed actuary? - Pondicherry University 2015

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By:Divyanshu-Changkakoti

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               Access to all information or documents in possession, or under control, of the insurer if such access is necessary for the proper    and effective performance of the functions and duties of the AA 
  Seek any information from any officer or employee of the insurer 
   To attend all meetings of the management including the directors of the insurer and have the right to speak and discuss on the matters that relates to: 
 actuarial advice to the directors 
 affecting the solvency position of the insurer
  affect the ability of the insurer to meet the reasonable expectations of policyholders 
 To attend the meeting of the insurer at the insurer's annual accounts or financial statements are to be considered 

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