Publication archives
IFRS 17 Risk Adjustment for Non-Financial Risk for Life and Health Insurance Contracts
This updated version of the educational note reflects the new framework to determine capital requirements for segregated fund guarantee risk, which was introduced in the Office of the Superintendent of Financial Institutions’ (OSFI’s) life insurance capital adequacy test (LICAT) 2025 […]
IFRS 17 – Actuarial Considerations Related to Reinsurance Contracts Issued and Held
The Committee on Property and Casualty Insurance Financial Reporting has prepared this educational note to summarize some of the accounting and actuarial implications affecting reinsurance contracts issued and reinsurance contracts held related to IFRS® 17 Insurance Contracts (IFRS 17 or […]
Climate Scenario Analysis
This practice resource document is intended to support actuaries in performing climate scenario analysis for life and health (life) and property and casualty (P&C) insurers, specifically in the context of financial condition testing and own risk and solvency assessment (ORSA).
Canadian Individual Life Experience Updated to Policy Year 2022-2023 – Database 2010-2023
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 2010-2023.
IFRS 17 Estimates of Future Cash Flows for Life and Health Insurance Contracts
The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this educational note to provide information concerning the estimates of future cash flows in accordance with IFRS 17 requirements.
Life Insurance Capital Adequacy Test (LICAT) and Capital Adequacy Requirements for Life and Health Insurance (CARLI) (2025)
This educational note has been updated to reflect the changes to the regulatory capital guidelines effective January 1, 2025, most notably the new standard approach and simplified option methodologies for determining segregated fund guarantee (SFG) risk capital requirements.
New resources help Canadians tackle retirement preparedness
This media release announces the CIA’s insight statement, titled Helping Canadians Prepare for the Risks of Retirement, as well as the fact sheet, titled Planning for a Secure Retirement.
Guidance for the 2025 Reporting of Capital, Financial Condition Testing, and Own Risk and Solvency Assessment for Life and Health, Property and Casualty, and Mortgage Insurers
The Committee on Risk Management and Capital Requirements has prepared this educational note to provide guidance to actuaries in several areas affecting the reporting of the 2025 regulatory capital requirements, financial condition testing, and own risk and solvency assessment (ORSA) […]
Helping Canadians Prepare for the Risks of Retirement
Many Canadians face significant financial risks in retirement, from inflation and market volatility to unexpected expenses and longevity risk. This insight statement explores these challenges and highlights key strategies to navigate retirement with confidence.
Planning for a Secure Retirement – Fact sheet
Proactive planning can make all the difference in ensuring financial security in retirement. This fact sheet outlines key retirement risks, essential savings strategies, and the role of financial advisors in building a secure future. Featuring expert insights from Canada’s actuaries, […]