Publication archives
Advice Statement to the IAA on the paper called Application of Climate-Related Risk Scenarios to Asset Portfolios
The Canadian Institute of Actuaries (CIA) comments on the IAA Paper called Application of Climate-Related Risk Scenarios to Asset Portfolios.
Advice Statement to PSAB on Exposure Draft – Employee Benefits, Proposed Section 3251
The CIA thanks the Public Sector Accounting Board for the opportunity to comment on this consultation to review public sector accounting standards and incorporate new types of pension plans, which will affect the treatment of public sector pension and employee […]
Advice Statement to OSFI on the Draft LICAT 2023 Guideline
The CIA thanks OSFI for the opportunity to comment on the draft LICAT 2023 guideline to reflect the implementation of IFRS 17. The revised guideline will determine statutory capital requirements for life insurance companies.
Advice Statement to OSFI on the Draft Minimum Capital Test (MCT) 2023 Guideline
The CIA thanks OSFI for the opportunity to comment on the draft MCT guideline in light of COVID-19 and the deferral of IFRS implementation to 2023. The revised guideline will determine statutory capital requirements for P&C insurance companies.
Advice Statement to OSFI on the Revised Section 2.7.4 of the Instruction Guide for the Preparation of Actuarial Reports for Defined Benefit Pension Plans
The Canadian Institute of Actuaries (CIA) thanks OSFI for the opportunity to comment on the revised Section 2.7.4 of the aforementioned draft. We note that several concerns that were raised in our earlier communications have been addressed. We believe that […]
Advice statement to the Saskatchewan Financial and Consumer Affairs Authority on a review of the pension funding framework consultation
Advice statement to OSFI on assurance on capital, leverage and liquidity returns
The Canadian Institute of Actuaries (CIA) thanks OSFI for the opportunity to comment on the discussion paper Assurance on Capital, Leverage and Liquidity Returns. This letter has been prepared by the CIA’s Committee on Risk Management and Capital Requirements (CRMCR).
Advice Statement to the IAA on the paper called Climate-related scenarios applied to insurers and other financial institutions
The Canadian Institute of Actuaries (CIA) comments on the IAA Paper called Climate-Related Scenarios Applied to Insurers and Other Financial Institutions.
Advice statement to the Ministry of Finance on Proposed Amendments to Ontario Regulation 909 of the Pension Benefits Act
The Canadian Institute of Actuaries (CIA) is pleased to offer the following comments on the proposed amendments to Ontario Regulation 909 of the Pension Benefits Act: Requiring Pension Plan Administrators to Provide Information Relating to Their Pension Plan’s Pension Benefits […]
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. […]