Actuarial assessment of self-insurer liability (PDF)

What it contains

These guidelines provide advice on the detail of analysis and reporting that is expected on the actuarial valuation of a self-insurer’s assessed liabilities. This is in addition to the requirements of Professional Standard 302 (PS302) from the Actuaries Institute and other relevant guidelines and codes. The guidelines also provides a pro forma summary document for presentation of the valuation results.

The guidelines are not intended to fully prescribe the requirements of the valuation of outstanding claims liabilities.

The self-insurer’s actuary is expected to estimate the outstanding claims liability on a sound basis taking into account the specific circumstances of the self-insurer.

(Version 09 | 1 July 2025)