Publication archives
Mortality Improvement Supplement for IFRS 17 Estimates of Future Cash Flows for Life and Health Insurance Contracts
The Committee on Life Insurance Financial Reporting is issuing this educational note supplement for two primary reasons. The first is to provide an update to the mortality improvement specific guidance previously provided in the educational note IFRS 17 Estimates of […]
Guidance for the 2024 Valuation of Insurance Contract Liabilities of Life Insurers
The Committee on Life Insurance Financial Reporting has prepared this educational note to provide guidance to actuaries in several areas affecting the valuation of the 2024 year-end insurance contract liabilities and other responsibilities of valuation actuaries of life insurers. In […]
IFRS 17 Discount Rates for Life and Health Insurance Contracts
The Committee on Life Insurance Financial Reporting has prepared this 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. The 2024 […]
Canadian Individual Critical Illness Insurance Morbidity Experience Study (2012-2020) – Tables
These tables show the results of the research and provide useful information and perspective to practitioners.
Canadian Individual Critical Illness Insurance Morbidity Experience Study
This is the fifth report submitted by the Morbidity Risk Research Committee (MBRC) of the CIA Research Council detailing the industry morbidity experience for Canadian individual critical illness (CI) insurance policies. The analysis and report were prepared and approved by […]
Comments to OSFI on the Draft LICAT Guideline – Segregated Fund Guarantee Capital Framework
The CIA submitted comments to the Office of the Superintendent of Financial Institutions on a consultation regarding the impact of revisions to the regulatory capital requirements for segregated fund guarantees.
Canadian Individual Life Experience Updated to Policy Year 2021-2022 – Database 2009-2022
This zipped file contains the databases, text file files with a detailed description of each database and its codes, and the associated workbook for policy years 2009-2022.
Canadian Individual Life Experience Updated to Policy Year 2021-2022 – Tables 2017-2022
This workbook contains tables from the CIA annual mortality study for policy years 2017-2022.
Canadian Individual Life Experience Updated to Policy Year 2021-2022 – Report
This is the 73rd annual report of the intercompany mortality experience for Canadian individual life insurance policies. The study adds the one-year period beginning with the policy anniversary in 2021 on an age-nearest-birthday basis for data submitted by seven companies […]
IFRS 17 Discount Rates for Life and Health Insurance Contracts – Erratum
Corrections have been made to the version of this educational note published on December 13, 2023. The December 13, 2023 version included an unintended change to the guidance regarding the selection of an interpolation technique when developing reference curves in […]