Publication archives

IFRS 17 Discount Rates for Life and Health Insurance Contracts

The Committee on Life Insurance Financial Reporting (CLIFR) 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. This […]

Reading list for FCIA Syllabus – Property and casualty track

Supporting the FCIA exam focused on the specialized property and casualty track, this comprehensive reading list will provide you with the ideal study material to prepare for earning your FCIA designation.

Educational Note: 2023 Guidance to the Appointed Actuary and Valuation Actuaries of Property and Casualty Insurers

Educational Note: Duration Considerations for P&C Insurers (2023)

This guidance supersedes the previous educational note published in 2017, and adapts the content and illustrative examples to align to actuarial practice under IFRS 17. The Committee on Property and Casualty Insurance Financial Reporting (PCFRC) of the Canadian Institute of […]

Educational Note: Duration Considerations for P&C Insurers – Excel file (2023)

Educational Note: Subsequent Events

The Committee on Property and Casualty Insurance Financial Reporting (PCFRC) of the Canadian Institute of Actuaries (CIA) has revised this educational note to take into account changes in CIA Standards of Practice (SOP) and International Financial Reporting Standards (IFRS). This […]

Educational Note Supplement: Changes to the Reference Curves’ Ultimate Risk-free Rate Development Approach Outlined in the Committee on Life Insurance Financial Reporting’s Educational Note on IFRS 17 Discount Rates

The purpose of this educational note supplement is to provide a summary of the changes to the reference curves’ URFR development approach that are expected to be reflected later this year in the IFRS 17 educational notes related to discount […]

Longevity of Condo Infrastructure

This insight statement explores some of the risks associated with condos and why owners, buyers, governments, municipalities, condo managers, board members and other stakeholders should better understand those risks. Building on a 2022 CIA research paper on condos, this statement […]

Educational Note: Guidance for the 2023 Reporting of Capital and Financial Condition Testing for Life and Health, 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 2023 regulatory capital requirements and financial condition testing (FCT) of life and health, […]

Practice Resource Document: Bias and Fairness in Pricing and Underwriting of Property and Casualty (P&C) Risks – Checklist