Publication archives
Revised Educational Note: IFRS 17 Discount Rates and Cash Flow Considerations for Property and Casualty Insurance Contracts
The original educational note IFRS 17 Discount Rates and Cash Flow Considerations for Property and Casualty Insurance Contracts was published on June 30, 2022. The purpose of this memorandum is to describe corrections made to this education note. This document […]
Standards of Practice – Actuarial Evidence (Effective January 1, 2023)
Revised Educational Note: IFRS 17 Discount Rates and Cash Flow Considerations for Property and Casualty Insurance Contracts – Illustrative Examples (Basic)
Memorandum: Final Standards of Practice: Parts 1000 and 4000 – General Standards and Practice-Specific Standards for Actuarial Evidence
Final Standards of Practice: Parts 1000 and 4000 – General Standards and Practice-Specific Standards for Actuarial Evidence
Explanatory Report: Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective September 30, 2022, and Applicable to Valuations with Effective Dates on or after September 30, 2022, and no later than December 30, 2022
The Committee on Pension Plan Financial Reporting (PPFRC) is issuing this explanatory report to provide members with additional information and details on the analysis done for the guidance outlined in the educational note supplement dated October 25, 2022 (Guidance for […]
Notice of Intent: Quinquennial Review of Part 7000 – Practice-Specific Standards for Social Security Programs
The Actuarial Standards Board (ASB) has established a designated group (DG) to review Part 7000 of the Standards of Practice of the Canadian Institute of Actuaries (Social Security Programs Standard or Part 7000). The current Social Security Programs Standard came […]
Educational Note Supplement: Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective September 30, 2022, and Applicable to Valuations with Effective Dates on or after September 30, 2022, and no later than December 30, 2022
The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at September 30, 2022, and recommended to the Actuarial Guidance Council (AGC) assumptions for hypothetical wind-up and solvency valuations for valuations with effective dates on or after […]
Educational Note – 2022 Guidance to the Appointed Actuary and Valuation Actuaries for Property and Casualty Insurers
The Committee on Property and Casualty Insurance Financial Reporting (PCFRC or the Committee) has prepared this educational note to provide guidance to the Appointed Actuary and valuation actuaries (referred to as “actuaries” in the rest of this note) in several […]
Educational Note: IFRS 17 – Actuarial Considerations Related to Reinsurance Contracts Issued and Held
The Committee on Property and Casualty Insurance Financial Reporting (PCFRC) 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 […]