COVID-19 Hub

COVID-19 Hub

Welcome to the CIA’s hub for COVID-19 content. For updates on CIA activities and operations, click here.

There is a lot of information passing through our inboxes and online these days – some of it useful, some of it not. We want to cut through that noise and make sure all Canadian actuaries have a place to turn to for articles, analyses, and resources that are relevant to actuarial practice in the face of COVID-19.

We invite you to send in any content you want to share with your peers. All content will be reviewed by the Seeing Beyond Risk Advisory Group. From there, we will post summaries, news round-ups, and think pieces, with the option for all members to comment on and share.

You can continue the discussion by joining the CIA’s COVID-19 Virtual Town Halls webcast series beginning April 3.

Share your content, ideas, or questions to covid-19@cia-ica.ca.

Latest posts

New guidance on Preliminary Communication for Assumptions for Hypothetical Wind-Up and Solvency Valuations with Effective Dates on or after April 30, 2020

May 15, 2020

Guidance on assumptions for hypothetical wind-up and solvency valuations updated to account for continued market volatility as a result of COVID-19.

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Considerations for financial condition testing in 2020 given the COVID-19 pandemic

May 12, 2020

The revised Standard of Practice, Financial Condition Testing (FCT), came into effect on January 1, 2020. The CIA has also published the corresponding FCT educational note. Are there any items to pay special attention to in the FCT this year given that we are in the midst of the COVID-19 pandemic? Michelle Lindo shares some thoughts on this topic.

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How will P&C actuaries respond and react to the emerging changes to the economy?

May 12, 2020

As some provinces are loosening lockdown restrictions, Canadians are adapting as best as possible to the new normal. While some of the effects on the economy have already emerged, many variables are in flux and the pandemic’s final impact on the P&C insurance industry remains difficult to estimate. Houston Cheng shares a few thoughts on this topic.

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A portrait of the pension industry in a time of uncertainty

May 12, 2020

COVID-19 has been the catalyst causing a severe shock to the global economy, pushing it and most economies into a deep recession. Financial markets have responded with huge falls in equities, which were also affected by an oil price war, a rise in credit spreads, and a flight to the safety of government bonds. Jared Mickall discusses the impact of the crisis on pension plans and subsequent events.

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Mortality considerations in the time of COVID-19

May 12, 2020

The world has experienced pandemics over the course of history, but COVID-19 has been the worst in recent history not only due to its potency but also the ease at which it can be transmitted. Steve Bocking and Marie-Andrée Boucher outline a few key considerations for the assumption-setting process for mortality in these unprecedented times.

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