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Review of the financial position by the Responsible Actuary

The guideline sets out minimum requirements for DAV members when reviewing the financial position of the company in accordance with Section 141 (5) No. 1 of the German Insurance Supervision Act. Following its adoption by the DAV Board of Directors on January 27, 2025 after revision as a result of the amendment to the German Insurance Supervision Act due to the entry into force of Solvency II, this guideline came into force once again. It replaces the guideline dated December 20, 2017.

Abstract

The following provisions set out minimum requirements for members of the DAV when reviewing the financial position of the company in accordance with Section 141(5)(1) of the Insurance Supervision Act.

The material scope of this publication concerns actuaries working in life insurance companies. However, it applies equally to pension funds and pension schemes, provided that the same conditions apply as for life insurance companies, in particular that benefits and contributions are guaranteed without any restrictions.

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Review of the financial position by the Responsible Actuary ( PDF )

Previous Versions

1.02.2006 Überprüfung der Finanzlage durch den Verantwortlichen Aktuar ( PDF ) 2.07.2012 Überprüfung der Finanzlage durch den Verantwortlichen Aktuar ( PDF ) 20.12.2017 Überprüfung der Finanzlage durch den Verantwortlichen Aktuar ( PDF )
Christopher Kling
Christopher.Kling​@aktuar.de +49 (0) 221 912 554-223
Christopher Kling

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