The statement of actuarial opinion required by this section shall consist of the following:
- (1) A paragraph identifying the appointed actuary and his or her qualifications;
- (2) A regulatory authority paragraph stating that the company is exempt pursuant to this part from submitting a statement of actuarial opinion based on an asset adequacy analysis and that the opinion, which is not based on an asset adequacy analysis, is rendered in accordance with this subpart;
- (3) A scope paragraph identifying the subjects on which the opinion is to be expressed and describing the scope of the appointed actuary’s work; and
- (4) An opinion paragraph expressing the appointed actuary’s opinion as required by Arkansas Code § 23-84-112.