Publication archives
Explanatory Report: Bank of Canada Revisions to Real Return Bond Data, Actuarial Evidence Practice Area
On May 10, 2021, the Bank of Canada revised the daily (V39057), weekly (V80691347), and monthly (V122553) rates for real return bond data from June 1, 2020, to capture the rollover of the 2050 bond, starting June 1, 2020. The […]
Educational Note Supplement: Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective March 31, 2021, and Applicable to Valuations with Effective Dates on or after March 31, 2021 and no later than December 30, 2021
The Committee on Pension Plan Financial Reporting (PPFRC) issues this supplement to provide members with additional information and details on the analysis done for guidance issued for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective March 31, 2021, […]
Exposure Draft Regarding the Determination of Pension Commuted Values in Economic Environments where Bond Yields are Negative
This exposure draft (ED) proposes changes to Section 3500 of the Standards of Practice, which applies to the actuary’s advice on the computation of commuted values with respect to pension plans. Since January 2021, yields on Government of Canada (GoC) […]
Explanatory Report: Bank of Canada Revisions to Real Return Bond Data
On May 10, 2021, the Bank of Canada revised the daily (V39057), weekly (V80691347), and monthly (V122553) rates for real return bond data from June 1, 2020, to capture the rollover of the 2050 bond, starting June 1, 2020. The […]
Draft Educational Note: IFRS 17 Measurement and Presentation of Canadian Participating Insurance Contracts: Examples
Draft Educational Note: IFRS 17 Measurement and Presentation of Canadian Participating Insurance Contracts
The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this draft educational note to provide guidance related to the measurement and presentation of Canadian participating insurance contracts under International Financial Reporting Standard (IFRS) 17.
Draft Explanatory Report: IFRS 17 Expenses
The Committee on Life Insurance Financial Reporting (CLIFR) and the Committee on Property and Casualty Insurance Financial Reporting (PCFRC) have prepared this draft report to provide information concerning expenses in accordance with IFRS 17 requirements. The draft explanatory report is […]
Educational Note: Guidance for the 2021 Reporting of Capital and Financial Condition Testing for Life, P&C, and Mortgage Insurers
This educational note provides an overview of guidance to actuaries in several areas affecting the reporting of the 2021 regulatory capital requirements and financial condition testing of Life, P&C and Mortgage insurers operating in Canada. In addition, the note provides […]
Practice Resource Document: Climate Change Scenario: Excel Tool
Practice Resource Document: Climate Change Scenario
The Canadian Institute of Actuaries (CIA) Committee on Climate Change and Sustainability (CCSC) prepared this document and the attached Excel spreadsheet to provide Canadian actuarial professionals with practical considerations in building a climate scenario and for purposes of developing best […]