Publication archives

Educational Note: IFRS 17 Coverage Units for Life and Health Insurance Contracts

The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this educational note to provide guidance on the selection of coverage units for the purpose of amortizing the contractual service margin for insurance contracts within the scope of the International […]

Educational Note: Role of the Appointed Actuary Under IFRS 17

Over the past few years, two designated groups of the Actuarial Standards Board (ASB) reviewed the impact on the CIA Standards of Practice (SOP) of replacing IFRS 4 with IFRS 17, recommending a number of changes. This educational note supplements […]

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

Revised Educational Note: IFRS 17 Discount Rates and Cash Flow Considerations for Property and Casualty Insurance Contracts – Illustrative Examples (with options)

Revised Educational Note: IFRS 17 Discount Rates and Cash Flow Considerations for Property and Casualty Insurance Contracts – Appendices 8 and 9

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 […]

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 […]