Publication archives
Practice Resource Document: Bias and Fairness in Pricing and Underwriting of Property and Casualty (P&C) Risks
The purpose of this paper is to provide P&C practitioners with an enhanced understanding of bias and fairness, the considerations that go along with these topics, and tools for detecting, evaluating and mitigating potential bias in actuarial risk assessment models. […]
Practice Resource Document: Bias and Fairness in Pricing and Underwriting of Property and Casualty (P&C) Risks – Checklist
Explanatory Report: IFRS 17 Discount Rate Applications
The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this explanatory report to provide information concerning the application of discount rates used in accordance with IFRS 17 requirements. This explanatory report is structured into seven sections. The first section […]
Educational Note: Assumptions for Hypothetical Wind-Up and Solvency Valuations with Effective Dates on or after December 31, 2022, and No Later Than June 29, 2024
This educational note provides guidance on assumptions to be used for hypothetical wind-up and solvency valuations for 2023 and the first half of 2024. It confirms the initial guidance for 2023 assumptions that was provided in the educational note supplement […]
Educational Note: Applicability of Rules, Standards and Other Guidance to CIA Members
The International Accounting Standards Board (IASB) has promulgated International Financial Reporting Standards (IFRS) that have been adopted by a number of countries around the world. The International Actuarial Association (IAA) has developed standards of practice and other guidance for actuaries […]