Publication archives
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.
Guidance for the 2024 Reporting of Capital, Financial Condition Testing, and Own Risk and Solvency Assessment for Life and Health, P&C 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 2024 regulatory capital requirements, financial condition testing (FCT) and own risk and solvency assessment […]
Territory Pricing Considerations in Property and Casualty Insurance
This practice resource document explores territorial ratemaking considerations, emphasizing the need for an adaptive approach.
Reliance on the Work of Others in Property and Casualty Insurance Pricing
This educational note discusses range of considerations that practitioners can draw on to justify their use of another person’s work.
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 […]
Educational Note: 2023 Guidance to the Appointed Actuary and Valuation Actuaries of Property and Casualty Insurers
This document was archived November 12, 2024.
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: 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 […]