Publication archives

Use of Machine Learning Models in P&C Pricing

This educational note supplement is a review of methods and guidance for the use of machine learning (ML) models in P&C pricing. It serves as a supplement to a previous educational note that focused on traditional statistical models and fills […]

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective March 31, 2025, and Applicable to Valuations with Effective Dates on or After March 31, 2025, and No Later Than June 29, 2025 – Educational Note Supplement

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at March 31, 2025, and recommended to the Actuarial Guidance Council (AGC) assumptions for hypothetical wind-up and solvency valuations with effective dates on or after March 31, […]

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective Dec. 31, 2024, and Applicable to Valuations With Effective Dates on or After Dec. 31, 2024, and No Later Than June 29, 2025

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at December 31, 2024 and recommended to the Actuarial Guidance Council (AGC) assumptions for hypothetical wind-up and solvency valuations with effective dates on or after December 31, […]

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective September 30, 2024, and Applicable to Valuations with Effective Dates on or after September 30, 2024, and no later than June 29, 2025

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at September 30, 2024, and recommended to the Actuarial Guidance Council assumptions for hypothetical wind-up and solvency valuations with effective dates on or after September 30, 2024 […]

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective June 30, 2024, and Applicable to Valuations with Effective Dates on or after June 30, 2024, and no later than June 29, 2025 – Educational Note Supplement

The Committee on Pension Plan Financial Reporting has conducted its quarter-end review of group annuity pricing conditions as at June 30, 2024, and recommended to the Actuarial Guidance Council assumptions for hypothetical wind-up and solvency valuations with effective dates on […]

Mortality Improvements Research – Educational Note Supplement

This educational note supplement provides members in the pension area of practice with commentary on the research report, Mortality Improvements Research: Report to the Canadian Institute of Actuaries’ Project Oversight Group, published by the Canadian Institute of Actuaries (CIA) on […]

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective March 31, 2024, and Applicable to Valuations with Effective Dates on or after March 31, 2024, and no later than June 29, 2024 – Educational Note Supplement

The Committee on Pension Plan Financial Reporting has conducted its quarter-end review of group annuity pricing conditions as at March 31, 2024, and recommended to the Actuarial Guidance Council (AGC) assumptions for hypothetical wind-up and solvency valuations for valuations with […]

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective December 31, 2023, and Applicable to Valuations with Effective Dates on or after December 31, 2023, and no later than June 29, 2024 – Educational Note Supplement

The Pension Plan Financial Reporting Committee has conducted its quarter-end review of group annuity pricing conditions as at December 31, 2023, and recommended to the Actuarial Guidance Council (AGC) assumptions for hypothetical wind-up and solvency valuations for valuations with effective […]

Educational Note Supplement: Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective June 30, 2023, and Applicable to Valuations with Effective Dates on or after June 30, 2023, and no later than June 29, 2024

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at June 30, 2023, and recommended to the AGC assumptions for hypothetical wind-up and solvency valuations for valuations with effective dates on or after June 30, 2023 […]

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 […]