Publication archives
Educational Note: Guidance for the 2020 Valuation of Insurance Contract Liabilities of Life Insurers
The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this educational note to provide guidance to actuaries in several areas affecting the valuation of the 2020 year-end insurance contract liabilities of life insurers for Canadian generally accepted accounting principles […]
Educational Note – Section 3500 of the Practice-Specific Standards for Pension Plans – Pension Commuted Values (Subsection 3570)
The purpose of this educational note is to provide guidance to actuaries for determining commuted values for pension plans that are covered under Subsection 3570. A separate educational note has been prepared for the balance of Section 3500. Input from […]
Educational Note Supplement: Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective June 30, 2020, and Applicable to Valuations with Effective Dates Between June 30, 2020 and December 30, 2020
The Committee on Pension Plan Financial Reporting (PPFRC) conducted its quarter-end review of group annuity pricing conditions as at June 30, 2020. It determined that a revision to its previous guidance regarding assumptions for hypothetical wind-up and solvency valuations is […]
Final Standards – Amendments to Section 3500 of the Practice-Specific Standards for Pension Plans – Pension Commuted Values (July 2020)
This revision to the standards will take effect at the same date as the previously announced changes to Section 3500, namely December 1, 2020. The ASB is not currently envisioning a further change to this effective date. As was previously […]
Standards of Practice – Pensions (Effective December 1, 2020) – Final
Standards of Practice (Effective December 1, 2020) – Final
Final Standards – Amendments to Section 3500 – Minor Revision
PCFRC – 2020 Guidance to P&C actuaries: Special considerations due to COVID-19
Actuarial Standards Board Guidelines for Designated Groups
Draft Educational Note: IFRS 17 Discount Rates for Life and Health Insurance Contracts
The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this draft educational note to provide guidance related to setting the discount rates for the purpose of calculating the present value of estimates of future cash flows under IFRS 17. […]