Announcements - Current

For P&C actuaries

Draft educational note: IFRS 17 Estimates of Expected Loss Ratios for the Minimum Capital Test

The Committee on Property and Casualty Insurance Financial Reporting (PCFRC) has prepared this draft educational note to provide information concerning the estimates of expected loss ratios in a manner consistent with IFRS 17 requirements, explicitly for the Minimum Capital Test (MCT) in regulatory annual returns.


If you have any questions or to offer feedback, please contact Houston Cheng, Chair, PCFRC.

Announcement Number2019-08(07591) August 29, 2019