Deadline approaching: file your CPD

File your CPD compliance statement before February 28, 2025, to avoid a fine and ensure that your membership remains in good standing.

All News

How to Manage Capital Volatility under IFRS 17 and LICAT 2023

By FCIAs Robert Berendsen and Catherine Sun Effective January 1, 2023, insurers that report on an International Financial Reporting Standards (IFRS) basis are required to apply IFRS 17 Insurance Contracts (IFRS 17). In adapting to IFRS 17, the Office of […]

An Alternate View of Future Mortality

A seemingly inexorable trend of mortality improvement has emerged over the past century. Declining rates of population mortality in the developed western world have been variously attributed to several causes.

Final notes in the countdown to IFRS 17

With only a few weeks remaining before the implementation of IFRS 17 on January 1, 2023, we revisited the topic with FCIAs and Co-Chairs of the IFRS 17 Steering Committee, Sati MacLean and Les Rehbeli.

Finding the balance: Personalization of risk and risk pooling

The latest buzz phrase in the insurance industry is “embedded insurance,” which presents an opportunity to seamlessly offer protection in real time given a proactive approach to risk management. Underpinning embedded insurance is the ability to personalize insurance. This requires that customers understand the necessity of sharing more data with their insurance providers.

Capital frameworks in Canada are ready for IFRS 17

With implementation of IFRS 17 on the horizon, the Office of the Superintendent of Financial Institutions (OSFI) has released its final insurance capital guidelines. Learn the key points of the guidelines and prepare for the changes coming on January 1, 2023.

A Lesson in Assumptions: Shock Lapse Experience Report

Read the report Prior to RGA completing its first Post Level Term lapse and mortality study with the SOA in 2009, a wide range of assumptions was in use by actuaries with little industry-wide late-duration level term experience available to […]

Individual life and health insurance: products and underwriting during a pandemic

Jing Lang, Vice-President, Product Manager at iptiQ, provides an overview of various products and underwriting processes, and speaks on the impact of COVID-19 on the risk assessment process.

Considerations for selection of adverse scenarios given the COVID-19 pandemic

In this article, Bruce Langstroth, Michael Wang, and Valerio Valenti discuss the considerations for the selection of the adverse scenarios, their potential ripple effects, and corrective management actions, given the COVID-19 pandemic.

Economic considerations in the time of COVID-19

In this article, Mary Stock and Trudy Engel discuss a few key considerations that relate to the economic assumption setting process in these unprecedented times and will highlight a few CIA documents that may be worth reviewing.

New COVID-19 mortality model

Terry Narine, FCIA, designs robust tool to capture ultimate extra deaths as a result of COVID-19.