Property and casualty insurance Archives - Page 10 of 23 - Canadian Institute of Actuaries

Publication archives

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 […]

Updated Draft Educational Note: IFRS 17 Risk Adjustment for Non-Financial Risk for Property and Casualty Insurance Contracts (clean)

The Committee on Property and Casualty Insurance Financial Reporting (PCFRC) has prepared this draft 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 […]

Updated Draft Educational Note: IFRS 17 Risk Adjustment for Non-Financial Risk for Property and Casualty Insurance Contracts – Illustrative Example

Updated Draft Educational Note: IFRS 17 Risk Adjustment for Non-Financial Risk for Property and Casualty Insurance Contracts (redlined)

Educational Note – 2021 Guidance to the Appointed Actuary and Valuation Actuaries for Property and Casualty Insurers

The Committee on Property and Casualty Insurance Financial Reporting (PCFRC or the Committee) has prepared this educational note to provide guidance to the Appointed Actuary and valuation actuaries (referred to as “actuaries” in the rest of this note) in several […]

PCFRC – 2021 guidance to P&C actuaries: Special considerations due to COVID-19

Advice statement to OSFI on its Draft Guideline B-2 (Property and Casualty Large Insurance Exposures and Investment Concentration)

The Canadian Institute of Actuaries (CIA) welcomes this opportunity to offer feedback on Draft Guideline B-2 issued by OSFI in November 2020. The Discussion Paper on OSFI’s Reinsurance Framework released in June 2018 outlined proposed changes to the supervisory framework. […]

Update to draft educational notes: Changes to the reference curves outlined in CLIFR’s and PCFRC’s draft educational notes on IFRS 17 discount rates

The Actuarial Guidance Council (AGC), with the support of the Committee on Life Insurance Financial Reporting (CLIFR) and in collaboration with the Committee on Property and Casualty Insurance Financial Reporting (PCFRC), initiated an external consultation on the draft educational note, […]

Draft Educational Note: IFRS 17 – Actuarial Considerations Related to Liability for Remaining Coverage in P&C Insurance Contracts – Illustrative Examples

Draft Educational Note: IFRS 17 – Actuarial Considerations Related to Liability for Remaining Coverage in P&C Insurance Contracts

The Committee on Property and Casualty Insurance Financial Reporting (PCFRC) has prepared this draft educational note to provide guidance on various actuarial considerations related to the liability for remaining coverage (LRC) in P&C insurance contracts, in accordance with IFRS 17 […]