Dear Fellows,

In behalf of the ASP Board and PSRC, the 2015 Joint Committee on Life Reserves Standards has released the Official Guidance Notes (GN2015-1) dated May 13, 2015.

Official Guidance Notes on Life Reserves 150513

The Joint Committee would like to express gratitude to the following Fellows of the ASP:

1. Members of the ASP Board and PSRC who actively participated in the draft and review of the Guidance Noes

2. Fellows who attended the March Fellows Forum

3. Gani de Castro who responded with comments/suggestions on the April 22 Exposure Draft

Attached is the Official Guidance Notes for your reference and compliance.

To be spearheaded by the ASP Non-Life Committee is the next set of Guidance Notes which will be on the Non-Life Reserving Standards.

Thank you.

2015 Joint Committee on Life Reserve Standards