Assessment of investment risks in the explanatory report of the Responsible Actuary

This Advisory Note is an accompanying note to the guideline “Review of the financial position by the Responsible Actuary”, which sets out minimum requirements for compliance with Section 141 (5) No. 1 of the German Insurance Supervision Act for the review of the financial position by the Responsible Actuary. This note was adopted by the DAV Executive Board on January 27, 2025 and replaces the note of the same name dated December 20, 2017.