Publication archives
Draft Educational Note: IFRS 17 Measurement and Presentation of Canadian Participating Insurance Contracts
The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this draft educational note to provide guidance related to the measurement and presentation of Canadian participating insurance contracts under International Financial Reporting Standard (IFRS) 17.
Educational Note: Guidance for the 2021 Reporting of Capital and Financial Condition Testing for Life, P&C, and Mortgage Insurers
This educational note provides an overview of guidance to actuaries in several areas affecting the reporting of the 2021 regulatory capital requirements and financial condition testing of Life, P&C and Mortgage insurers operating in Canada. In addition, the note provides […]
Educational Note – Assumptions for Hypothetical Wind-Up and Solvency Valuations with Effective Dates on or after December 31, 2020 and no later than December 30, 2021
This educational note provides guidance on assumptions to be used for hypothetical wind-up and solvency valuations for 2021. This document replaced document 220055 This document was replaced by document 222033 This document was archived October 14, 2025
Second Revision to Educational Note – Setting the Accounting Discount Rate Assumption for Pension and Post-employment Benefit Plans
This educational note has been prepared by the Committee on Pension and Post-retirement Benefit Accounting Discount Rates (the committee). When preparing pension-related information for their financial statements, pension plan sponsors are responsible for the selection of the assumptions used to […]
Revised Draft Educational Note – Assessing Eligibility for the Premium Allocation Approach Under IFRS 17 for Property & Casualty and Life & Health Insurance Contracts
The purpose of this draft educational note is to provide actuaries with practical application guidance on assessing whether a group of insurance contracts meets the required eligibility criteria for use of the premium allocation approach (PAA) to measure the liability […]
Revised Draft Educational Note: IFRS 17 Discount Rates and Cash Flow Considerations for Property and Casualty Insurance Contracts
The Committee on Property and Casualty Insurance Financial Reporting (PCFRC) has prepared this draft educational note to provide guidance related to setting and applying discount rates (including cash flow considerations) for the purposes of calculating the present value of estimates […]
Revised Draft Educational Note: Comparison of IFRS 17 to Current CIA Standards of Practice
IFRS 17 specifies the basis for measurement (valuation) of insurance contract liabilities. While there are many similarities to the current CIA standards of practice for valuation of insurance contract liabilities, there are also many differences. This educational note provides actuaries with […]
Draft Educational Note: Application of IFRS 17 Insurance Contracts for Public Personal Injury Compensation Plans
This draft educational note refers to the subjects covered by IFRS 17 with specific application to PPICP insurance contracts issued in Canada. The draft educational note is structured into seven (7) sections plus one (1) appendix in addition to an […]
Educational Note – 2020 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 in several areas affecting the valuation of the 2020 year-end insurance contract […]