Publication archives
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 […]
Draft Educational Note: IFRS 17 Measurement and Presentation of Canadian Participating Insurance Contracts: Examples
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 […]
Practice Resource Document: Actuarial Aspects of Enterprise Risk Management
The Committee on Enterprise Risk Management (ERMPC) has prepared this practice resource document to assist members in understanding the various elements of Enterprise Risk Management (ERM) and to highlight areas where ERM practices can be of value, and to help […]
Initial Communication of Updated Promulgations of the Maximum Net Credit Spread, the Ultimate Reinvestment Rates, and the Calibration Criteria for Stochastic Risk-Free Interest Rates in the Standards of Practice for the Valuation of Insurance Contract Liabilities: Life and Health (Accident and Sickness) Insurance (Subsection 2330)
The ASB proposes to promulgate the use of the economic parameters described below, to be effective October 15, 2021. Due to the impending adoption of IFRS 17 in 2023, the ASB does not anticipate an update to this promulgation prior […]
Draft Revised Educational Note Supplement: Calibration of Stochastic Risk-Free Interest Rate Models for Use in CALM Valuation (2021)
The focus of this draft revised educational note supplement is on the development of calibration criteria for calibrating stochastic risk-free interest rate models used in the production of risk-free interest rate scenarios for the Canadian Asset Liability Method (CALM) valuation […]
Educational Note – Assumptions for Hypothetical Wind-Up and Solvency Valuations with Effective Dates on or after December 31, 2020 and no later than December 30, 2021
This educational note provides guidance on assumptions to be used for hypothetical wind-up and solvency valuations for 2021. This document replaced document 220055 This document was replaced by document 222033 This document was archived October 14, 2025