Publication archives

IFRS 17 Risk Adjustment for Non-Financial Risk for Life and Health Insurance Contracts

This updated version of the educational note reflects the new framework to determine capital requirements for segregated fund guarantee risk, which was introduced in the Office of the Superintendent of Financial Institutions’ (OSFI’s) life insurance capital adequacy test (LICAT) 2025 […]

Complete CIA Standards of Practice (Effective June 16, 2025)

This document presents the standards of practice for all areas of practice.

Standards of Practice – Actuarial Evidence (Effective June 16, 2025)

These changes to the SOP are effective June 16, 2025. Given the nature and effective date of the changes to the SOP, early adoption of the changes is not relevant.

Standards of Practice – Pensions (Effective June 16, 2025)

These changes to the SOP are effective June 16, 2025. Given the nature and effective date of the changes to the SOP, early adoption of the changes is not relevant.

Final Standards: Enable Promulgation of Certain Data Currently Provided by Third Parties – Memorandum

The final revisions to paragraphs 3540.05 and 4530.09 of the Standards of Practice (SOP), which pertain to Parts 3000 and 4000 of the SOP, were approved by the Actuarial Standards Board on June 16, 2025.

Review of Standards of Practice with Respect to Commuted Values Under Target Pension Arrangements in the Case of a Full or Partial Wind-up – Exposure Draft

This exposure draft proposes changes to Part 3000 of the CIA’s Standards of Practice with respect to pension commuted values.

IFRS 17 – Actuarial Considerations Related to Reinsurance Contracts Issued and Held

The Committee on Property and Casualty Insurance Financial Reporting has prepared this educational note to summarize some of the accounting and actuarial implications affecting reinsurance contracts issued and reinsurance contracts held related to IFRS® 17 Insurance Contracts (IFRS 17 or […]

Use of Machine Learning Models in P&C Pricing

This educational note supplement is a review of methods and guidance for the use of machine learning (ML) models in P&C pricing. It serves as a supplement to a previous educational note that focused on traditional statistical models and fills […]

Climate Scenario Analysis

This practice resource document is intended to support actuaries in performing climate scenario analysis for life and health (life) and property and casualty (P&C) insurers, specifically in the context of financial condition testing and own risk and solvency assessment (ORSA).

Unexpired Coverage Considerations for P&C Insurers (Exposure Draft)

This guidance was initiated by the Committee on Property and Casualty Financial Reporting (PCFRC), in collaboration with the Office of the Superintendent of Financial Institutions (OSFI) and the Autorité des marchés financiers (AMF), to provide clarity to practitioners regarding Section […]