Actuarial Standards Board

The Actuarial Standards Board (ASB) is an organization that establishes guidelines for actuaries, who are professionals skilled in evaluating financial risks, particularly in insurance and pensions. The ASB's main role is to develop and maintain standards for actuarial practice to ensure consistency, reliability, and transparency in the work actuaries do. These standards help protect the public interest by promoting high-quality professional services and ethical behavior among actuaries, ensuring that their analyses and recommendations are well-founded and trustworthy.