Publication archives

Reserving for Long-Term Disability Claims in a Property and Casualty Insurance Environment: A Hybrid Framework Integrating Tabular Cash-Flow Valuation and Development-Based Diagnostics

This paper examines reserving approaches for long-term disability (LTD) claims and proposes a hybrid framework that combines claimant-level tabular cash-flow valuation with development-based diagnostics. It explores how duration risk, termination dynamics and governance considerations can strengthen reserve estimates for long-duration […]

Exam FCIA-2: Property and casualty insurance – Fall 2025

These files include the Exam FCIA-2: Property and casualty insurance exam and sample solutions – Fall 2025. They are available for use as practice.

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.

Climate Risks for Property and Casualty Actuaries

This practice resource document addresses the significant implications of these climate risks for the property and casualty (P&C) insurance sector.

Bias considerations within Standards of Practice Part 1000 – General Standards – Notice of Intent

The Actuarial Standards Board (ASB) has established a designated group on bias (DG) to develop recommendations to review the treatment of the topic of bias within the Standards of Practice.Revisions to the Standards are needed to provide more explicit guidance […]

Review of the Standards of Practice with Respect to the Use of Artificial Intelligence in Actuarial Practice – Notice of Intent

This notice of intent outlines the revisions under consideration and it requests feedback as part of the formal due process for amending the Standards.

Quinquennial Review of Standards of Practice Part 2000 – Insurance – Notice of Intent

The Actuarial Standards Board (ASB) has established a designated group to review Part 2000 of the Standards of Practice of the Canadian Institute of Actuaries. This review is being undertaken as part of the ASB’s customary process of reviewing and […]

Risk Concentration for P&C Insurance

This practice resource document explores the various dimensions of risk concentration, including its sources, measurement techniques, and implications for P&C insurers. Additionally, it evaluates regulatory frameworks and risk mitigation strategies aimed at addressing excessive exposure to specific risks.

Exam FCIA-1: P&C Insurance – June 2025

These files include the Exam FCIA-1: Property and casualty insurance exam and sample solutions – June 2025. They are available for use as practice.

Helping Canadian P&C insurers respond to escalating wildfire risk

This media release announces Wildfire Risk Considerations for P&C Insurance Pricing and Underwriting, a document to help P&C insurers assess, price and underwrite wildfire risk.