Actuarial Standards Board (ASB)

The Actuarial Standards Board (ASB) is an organization that establishes and maintains professional standards for actuaries in the United States. Actuaries use mathematics and statistics to assess risk, especially in insurance and finance. The ASB defines guidelines and principles that ensure actuaries follow consistent, high-quality practices in their work. This helps protect the interests of the public and maintains trust in the profession. By creating standards for ethical behavior and technical accuracy, the ASB enhances the credibility of actuarial work across various sectors.