Article 23. Rights and Obligations of the Actuarial Organization

The actuarial organization shall have the right to:

freely choose the insurer and other customers to whom it will provide actuarial services;

refuse to provide actuarial services if the insurer and other customers fail to provide the information necessary for preparation of an actuarial opinion;

in accordance with the established procedure, involve other actuarial organizations and other specialists in the provision of actuarial services.

The actuarial organization may also have other rights in accordance with the legislation and its signed contracts.

The actuarial organization shall be obliged to:

comply with the requirements of the legislation on insurance activities;

maintain the confidentiality of information obtained in the provision of actuarial services;

in the actuarial opinion, reflect the facts of shortcomings in actuarial calculations and proposals for their elimination;

at the request of the authorized state body, provide the information established by the legislation.

The actuarial organization may also have other obligations in accordance with the legislation and its signed contracts.