Publication archives
Educational Note: IFRS 17 – Fair Value of Insurance Contracts
The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this educational note to provide guidance on how to determine the fair value of insurance contracts within the scope of the International Financial Reporting Standard (IFRS) 17. Further guidance on […]
Educational Note: IFRS 17 Risk Adjustment for Non-Financial Risk for Life and Health Insurance Contracts
The Committee on Life Insurance Financial Reporting (CLIFR) 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. The […]
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 report to provide information concerning expenses in accordance with IFRS 17 requirements. The explanatory report is structured into […]
Research report: Canadian Mortality Table Construction Alternative Methods – Generalized Additive Model and Neural Network Model
This report documents the researchers’ application of alternative methods to construct a new mortality table based on the same 2009–2019 industry data used in constructing the CIA2014 Table. The alternative methods presented in this report provide a model that can […]
Research report: CIA2014 – A Mortality Table Constructed from the CIA Individual Insurance Data of Policy Years 2009–2019 (with correction in June 2022)
This paper documents the construction of a new mortality table using the data of the last 10 years of experience of the CIA individual insurance mortality study. The paper also proposes two alternatives for dealing with the fact that mortality […]
Research report: CIA2014 – A Mortality Table Constructed from the CIA Individual Insurance Data of Policy Years 2009–2019 – Zip file
This is the accompanying zip file to the abovementioned report.
Research report: CIA2014 – A Mortality Table Constructed from the CIA Individual Insurance Data of Policy Years 2009–2019 – Tables
These are the accompanying tables to the abovementioned report.
Research report: CIA2014 – A Mortality Table Constructed from the CIA Individual Insurance Data of Policy Years 2009–2019 – Tables (AXIS)
These are the accompanying AXIS tables to the abovementioned report.
Report 5: COVID-19 Canadian Insurance Industry Monthly Aggregate Data Analysis
As the COVID-19 pandemic continues to run its course throughout the world and in Canada, our collective understanding of the virus and its impact grows. Research projects and data collection efforts are happening on many fronts, and the Canadian Institute […]
Educational Note: Guidance for the 2022 Reporting of Capital and Financial Condition Testing for Life, P&C, and Mortgage Insurers
The Committee on Risk Management and Capital Requirements (CRMCR) has prepared this educational note to provide guidance to actuaries in several areas affecting the reporting of the 2022 regulatory capital requirements and financial condition testing of life, P&C, and mortgage […]