Publication archives
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 […]
Advice Statement to OSFI on the Draft LICAT 2023 Guideline
The CIA thanks OSFI for the opportunity to comment on the draft LICAT 2023 guideline to reflect the implementation of IFRS 17. The revised guideline will determine statutory capital requirements for life insurance companies.
Advice Statement to OSFI on the Draft Minimum Capital Test (MCT) 2023 Guideline
The CIA thanks OSFI for the opportunity to comment on the draft MCT guideline in light of COVID-19 and the deferral of IFRS implementation to 2023. The revised guideline will determine statutory capital requirements for P&C insurance companies.
Research report: Canadian Individual Life Experience for Policy Year 2018-2019 – Database for the last 5 years combined
This zip file contains mortality databases (and text files describing them) for the last five policy years combined. It is referred to in the 70th annual report of the intercompany mortality experience for Canadian individual life insurance policies.
Research report: Canadian Individual Life Experience for Policy Year 2018-2019 – Database for last 10 years
This zip file contains mortality databases (and text files describing them) for each of the last ten policy years. It is referred to in the 70th annual report of the intercompany mortality experience for Canadian individual life insurance policies. *The […]
Research report: Canadian Individual Life Experience for Policy Year 2018-2019 – Tables for last 5 policy years
This workbook contains detailed tables of mortality experience for the five policy years 2014–2019. It is a supplement to the 70th annual report of the intercompany mortality experience for Canadian individual life insurance policies. *The tables have been updated in […]
Research report: Canadian Individual Life Experience for Policy Year 2018-2019
This is the 70th annual report of the intercompany mortality experience for Canadian individual life insurance policies. The study covers the one-year period beginning with the policy anniversary in 2018 on an age-nearest-birthday basis. *The document has been updated in […]
Canadian Individual Life Experience: Interim Study to 2020Q2
This is an interim study of the mortality experience of individual insurance policies. It uses data in the same form as for the annual mortality study, but rather than including the full policy year from the anniversary in 2019 to […]
Member’s paper: Driving Longevity through Educational Attainment – A Literature Review
This paper is based on a literature review of 42 papers, all of which comment on the connection between educational attainment and longevity. Unfortunately, only the paper by Willson (2009) and some of the OECD analysis used any Canadian data. […]