Publication archives
Standards of Practice – Pensions (Effective June 16, 2025)
These changes to the SOP are effective June 16, 2025. Given the nature and effective date of the changes to the SOP, early adoption of the changes is not relevant.
Final Standards: Enable Promulgation of Certain Data Currently Provided by Third Parties – Memorandum
The final revisions to paragraphs 3540.05 and 4530.09 of the Standards of Practice (SOP), which pertain to Parts 3000 and 4000 of the SOP, were approved by the Actuarial Standards Board on June 16, 2025.
Review of Standards of Practice with Respect to Commuted Values Under Target Pension Arrangements in the Case of a Full or Partial Wind-up – Exposure Draft
This exposure draft proposes changes to Part 3000 of the CIA’s Standards of Practice with respect to pension commuted values.
IFRS 17 – Actuarial Considerations Related to Reinsurance Contracts Issued and Held
The Committee on Property and Casualty Insurance Financial Reporting 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 or […]
Use of Machine Learning Models in P&C Pricing
This educational note supplement is a review of methods and guidance for the use of machine learning (ML) models in P&C pricing. It serves as a supplement to a previous educational note that focused on traditional statistical models and fills […]
Climate Scenario Analysis
This practice resource document is intended to support actuaries in performing climate scenario analysis for life and health (life) and property and casualty (P&C) insurers, specifically in the context of financial condition testing and own risk and solvency assessment (ORSA).
Unexpired Coverage Considerations for P&C Insurers (Exposure Draft)
This guidance was initiated by the Committee on Property and Casualty Financial Reporting (PCFRC), in collaboration with the Office of the Superintendent of Financial Institutions (OSFI) and the Autorité des marchés financiers (AMF), to provide clarity to practitioners regarding Section […]
Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective March 31, 2025, and Applicable to Valuations with Effective Dates on or after March 31, 2025, and no later than June 29, 2025 – Explanatory report
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 April 29, 2025, issued as […]
IFRS 17 Estimates of Future Cash Flows for Life and Health Insurance Contracts
The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this educational note to provide information concerning the estimates of future cash flows in accordance with IFRS 17 requirements.
Life Insurance Capital Adequacy Test (LICAT) and Capital Adequacy Requirements for Life and Health Insurance (CARLI) (2025)
This educational note has been updated to reflect the changes to the regulatory capital guidelines effective January 1, 2025, most notably the new standard approach and simplified option methodologies for determining segregated fund guarantee (SFG) risk capital requirements.