Publication archives
Draft regulation on divided co-ownership – Recognition of Fellow of the Canadian Institute of Actuaries as authorized to conduct contingency fund studies
The CIA submitted comments to the Société d’habitation du Québec on its draft regulation on divided co-ownership, recommending that the Fellow of the Canadian Institute of Actuaries (FCIA) be among the professionals authorized to carry out contingency fund studies.
Quinquennial Review of Standards of Practice Part 1000 – General Standards – Exposure Draft
This exposure draft outlines the proposed changes to Part 1000, and it requests feedback on the revisions as part of the formal due process for amending the Standards of Practice.
IFRS 17 Discount Rates and Cash Flow Considerations for Property and Casualty Insurance Contracts
This educational note was originally published in June 2022 and updated in November 2022. The purpose of this updated version is to adjust some of the language used in subsection 12.4 (Unwinding Claims Incurred in the Current Period) to be […]
2024 Guidance to the Appointed Actuary and Valuation Actuaries of Property and Casualty Insurer
The Committee on Property and Casualty Insurance Financial Reporting of the Canadian Institute of Actuaries has prepared this educational note to provide guidance to the Appointed Actuary and valuation actuaries (referred to as “actuaries” in the rest of this educational […]
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. The 2024 […]
IFRS 17 Risk Adjustment for Non-Financial Risk for Property and Casualty Insurance Contracts
The Committee on Property and Casualty Insurance Financial Reporting has prepared this educational note to provide guidance related to the measurement and presentation of risk adjustment for non-financial risk under International Financial Reporting Standard® (IFRS) 17 for property and casualty […]
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.
Price Optimization in Property and Casualty Pricing
The purpose of this CIA paper is to provide a high-level overview on price optimization.
IFRS 17 Discount Rates for Life and Health Insurance Contracts – Erratum
Corrections have been made to the version of this educational note published on December 13, 2023. The December 13, 2023 version included an unintended change to the guidance regarding the selection of an interpolation technique when developing reference curves in […]
Comments from the CIA to FSRA on the Reliance on CIA Standards of Practice
The CIA submits comments to FSRA on a proposed change to their regulatory oversight of rate filing, by referencing the CIA’s Standards of Practice rather than relying on descriptive regulatory guidelines.