ASOP.36

BattleTable

ASOP stands for Actuarial Statement of Principles. Virtually all of the material in ASOP.36 is covered in Odomirok.16-17-SAO and COPLFR.SAO, so ASOP.36 doesn't need its own BattleTable. Strictly speaking, this would be a low-ranked reading because there are no old exam questions. The reason I put it in the #3 spot in the rankings is that the SAO is the most important topic on the syllabus and I wanted to group it with the other SAO readings.

Still, it might be an idea to do a quick scan of ASOP.36, just so you're familiar with the format of these ASOP documents. The ASOPs are all organized the same way:

Section #	Section Title
1	Purpose, Scope, Cross References, and Effective Date
2	Definitions
3	Analysis of Issues and Recommended Practices
4	Communications and Disclosures

Something that might be important from Section 2 (and very easy) is the following definition:

unpaid claim estimate: the actuary’s estimate of the obligation for future payment resulting from claims due to past events

The only reason I mention this is that it appeared on the Canadian version of the exam a couple of times and the examiners were very strict in their grading. They didn't give credit unless you got it exactly right.

The only other item from ASOP.36 that might be worth looking at is Section 4 - Communications & Disclosures. There's a lot of detail here. I don't know if you need to specifically memorize anything since it's covered in COPLFR.SAO anyway, but it might be good bedtime reading.

In Plain English!

I think the main section of interest in all these ASOPs is Actuarial Communications because it ties into disclosures required in the SAO.

BattleCodes

Memorize:

Conceptual:

Calculational: