Publication archives

Lapse Experience Under Universal Life Level Cost of Insurance Policies 2013-2019 – Report

This is the fourth lapse experience study covering universal life level cost of insurance policies (referred to as “LCOI”; “UL” is used to refer to all types of universal life policies).

Lapse Experience Under Universal Life Level Cost of Insurance Policies 2013-2019 – Pivot Tables

This workbook contains pivot tables from the CIA UL-LCOI lapse study for calendar years 2013–2019.

Lapse Experience Under Term-to-100 Insurance Policies 2013-2019 – Pivot Table

This workbook contains pivot tables from the CIA T100 lapse study for calendar years 2013-2019.

Lapse Experience Under Term-to-100 Insurance Policies 2013-2019 – Lapse Table

This workbook contains lapse tables from the CIA T100 lapse study for calendar years 2013-2019.

Lapse Experience Under Term-to-100 Insurance Policies 2013-2019 – Report

This is the seventh lapse experience study covering Term-to-100 and similar insurance policies (collectively referred to as T100) for 2013-2019.

First and second waves of the pandemic had noticeable impact on individual insurance claims

The fourth report of COVID-19 Canadian Insurance Industry Monthly Aggregate Data Analysis from the Canadian Institute of Actuaries is now available, providing data updated to the end of May 2021.

Report 4: 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 […]

Draft Educational Note: IFRS 17 – Fair Value of Insurance Contracts: Numerical Examples

Draft Educational Note: IFRS 17 – Fair Value of Insurance Contracts

The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this draft 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 […]

Educational Note: Application of IFRS 17 Insurance Contracts

International Financial Reporting Standard 17 (IFRS 17) will be effective in Canada for fiscal years beginning on or after January 1, 2023. In preparation for this new standard, the CIA has reviewed the final version of the International Actuarial Note […]