Publication archives

Review of Standards of Practice with Respect to Gender Identity – Exposure Draft

This exposure draft outlines the proposed changes to the standards of practice.

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 report to provide information concerning expenses in accordance with IFRS 17 requirements.

IFRS 17 Market Consistent Valuation of Financial Guarantees for Life and Health Insurance Contracts

This educational note provides practical application guidance on Canadian-specific issues relating to completing a market consistent valuation for insurance contracts that contain financial guarantees.

Review of CIA Standards of Practice for climate change – Notice of intent

This notice of intent outlines changes to the standards (SOP) under consideration and it requests feedback on the revisions as part of the Actuarial Standards Board’s due process for amending the SOP.

Minor revisions: Standards of Practice Part 4000 – Practice-Specific Standards for Actuarial Evidence

The Actuarial Standards Board has made two minor changes to the actuarial evidence standards.

Minor correction to Standards Part 6000 – Non-Pension Employee Future Benefit Plans

The Actuarial Standards Board has made a minor correction in paragraph 6410.13 of Part 6000 of the Standards of Practice – Non-Pension Employee Future Benefit Plans.

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective September 30, 2024, and Applicable to Valuations with Effective Dates On or After September 30, 2024, and No Later Than June 29, 2025 – Explanatory Report

The Committee on Pension Plan Financial Reporting 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 29, 2024, which was issued […]

Skills and Knowledge Inventories for the Individual Insurance Area of Practice

This resource document is meant to assist CIA members practising in individual insurance gauge their skills and knowledge within this area. The Skills and Knowledge Inventory should not be construed as a definitive and complete description of the all the […]

IFRS 17 Risk Adjustment for Non-Financial Risk for Life and Health Insurance Contracts

The Committee on Life Insurance Financial Reporting has prepared this educational note to summarize some of the methods available to calculate the risk adjustment for non-financial risk and its corresponding confidence level, in accordance with IFRS 17 requirements. This document […]

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective September 30, 2024, and Applicable to Valuations with Effective Dates on or after September 30, 2024, and no later than June 29, 2025

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at September 30, 2024, and recommended to the Actuarial Guidance Council assumptions for hypothetical wind-up and solvency valuations with effective dates on or after September 30, 2024 […]