of the discussion Mr A. R. Jones, F.I.A. (introducing the paper): There are three points which I should like to make at the start:(1) I should like to emphasise the theme of transparency, because it is a little different to what actuaries may have focused on in the past. As well as regarding an actuarial reserve assessment as producing a number which the actuary signs off, if we, as a profession, could agree that our goal is also to provide a framework to help other professionals to understand the reserves an…
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