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Accession #: 221065

 

Publication Date:
June 24, 2021
Title:
Final Communication of Updated Promulgations of the Maximum Net Credit Spread, the Ultimate Reinvestment Rates, and the Calibration Criteria for Stochastic Risk-Free Interest Rates in the Standards of Practice for the Valuation of Insurance Contract Liabilities: Life and Health (Accident and Sickness) Insurance (Subsection 2330)
Other Details:
8 pages.
Author:
Actuarial Standards Board
Description:
The ASB decided to promulgate the use of the economic parameters described below, to be effective October 15, 2021. Due to the impending adoption of IFRS 17 in 2023, the ASB does not anticipate an update to this promulgation prior to IFRS 17.

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