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For life insurance practitioners

Revised Educational Note – Regulatory Capital Filing Certification for Life Insurers

The Committee on Risk Management and Capital Requirements (CRMCR) has updated the educational note regarding the certification of regulatory capital filings in Canada. The note references the standards of practice and other guidance on the appropriateness of internal models used to determine required capital for segregated fund guarantees and to account for the new Life Insurance Capital Adequacy Test (LICAT) guideline effective January 1, 2018.

If you have any questions, please contact Michelle Lindo, Chair, CRMCR.

Announcement Number
2018-07(04199)
July 18, 2018