Publication archives

Assumptions for Hypothetical Wind-Up and Solvency Valuations with Effective Dates on or after June 30, 2026, and no later than June 29, 2027

This educational note provides guidance on assumptions to be used for hypothetical wind-up and solvency valuations for the second half of 2026 and the first half of 2027. It confirms the initial guidance for June 30, 2026, assumptions that was […]

Final Communication of a Promulgation of the Mortality Table Referenced in the Standards of Practice for Capitalized Value of Pension Plan Benefits for a Relationship Breakdown (Subsection 4530)

At its meeting on August 31, 2026, the Actuarial Standards Board (ASB) decided to promulgate the use ofthe following mortality table, effective April 1, 2027, for capitalized value calculations: Base mortality table: the combined 2024 Canadian Pensioner Mortality Table (CPM […]

Final Communication of a Promulgation of the Mortality Table Referenced in the Standards of Practice for Pension Plans (Subsection 3530)

At its meeting on August 31, 2026, the Actuarial Standards Board (ASB) decided to promulgate the use of the following mortality table, effective April 1, 2027, for determining commuted values for all pension plans subject to the SOP: Base mortality […]

Considerations for AI within an ERM Program

This resource document examines how considerations related to AI technologies, tools, models and systems (collectively, AI applications) can be incorporated into an enterprise risk management (ERM) program.

Valuation of Group Life and Health Policy Liabilities

The Committee on Life Insurance Financial Reporting (CLIFR) has prepared the attached educational note to assist actuaries in applying the Standards of Practice in the valuation of group life and health policy liabilities. In preparing this educational note, CLIFR has […]

Guidance for the 2026 Valuation of Insurance Contract Liabilities of Life Insurers

The Committee on Life Insurance Financial Reporting has prepared this educational note to provide guidance to actuaries in several areas affecting the valuation of the 2026 year-end insurance contract liabilities and other responsibilities of valuation actuaries of life insurers. In […]

IFRS 17 Discount Rates for Life and Health Insurance Contracts

The Committee on Life Insurance Financial Reporting has prepared this educational note to provide guidance related to setting the discount rates for the purpose of calculating the present value of estimates of future cash flows under IFRS 17.

Climate Risks for Property and Casualty Actuaries

This practice resource document addresses the significant implications of these climate risks for the property and casualty (P&C) insurance sector.

DRAFT – Guidance on the Use of Margins for Adverse Deviations in Pension Funding Valuations Required by the Terms of an Appropriate Engagement – Draft Educational Note

This educational note provides additional guidance for what to consider in determining if an engagement is appropriate in accordance with the Standards and helps actuaries understand their obligations and considerations when including a margin required by the terms of an […]

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective June 30, 2026, and Applicable to Valuations with Effective Dates on or After June 30, 2026, and No Later than June 29, 2027 – Educational Note Supplement

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at June 30, 2026, and recommended to the Actuarial Guidance Council (AGC) assumptions for hypothetical wind-up and solvency valuations with effective dates on or after June 30, […]