Announcements - Current

For members in the life insurance, P&C insurance, and workers’ compensation areas

Draft Educational Note: Compliance with IFRS 17 Applicable Guidance

The Committee on Life Insurance Financial Reporting (CLIFR), the Committee on Property and Casualty Insurance Financial Reporting (PCFRC), and the Committee on Workers’ Compensation (CWC) have prepared this draft educational note to provide guidance to actuaries assessing compliance with IFRS 17. This draft educational note is relevant to all actuaries valuing insurance contract liabilities, where such valuations are intended to be in accordance with IFRS 17.

Questions or comments regarding this draft educational note may be directed to Marie-Andrée Boucher, Houston Cheng, or Crispina Caballero.

Announcement Number2020-01(07680) January 22, 2020