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All members in the Life, Property and Casualty, and Mortgage Insurance Practice Areas

Educational Note: Financial Condition Testing

The CIA published its last revised educational note on Dynamic Capital Adequacy Testing (DCAT) in November 2017. This educational note has been renamed and updated to reflect revisions to the Standards of Practice – Insurance, Section 2500 – Financial Condition Testing (FCT), which was approved by the Actuarial Standards Board (ASB) on September 10, 2019, with an effective date of January 1, 2020.

For any questions, contact Michelle Lindo.

Announcement Number2020-04(07167) April 29, 2020