Publication archives
Updated Draft Educational Note: IFRS 17 Risk Adjustment for Non-Financial Risk for Property and Casualty Insurance Contracts (redlined)
The Committee on Property and Casualty Insurance Financial Reporting (PCFRC) has prepared this draft educational note to provide guidance related to the measurement and presentation of risk adjustment for non-financial risk under International Financial Reporting Standard® (IFRS) 17 for property […]
Updated Draft Educational Note: IFRS 17 Risk Adjustment for Non-Financial Risk for Property and Casualty Insurance Contracts (clean)
The Committee on Property and Casualty Insurance Financial Reporting (PCFRC) has prepared this draft educational note to provide guidance related to the measurement and presentation of risk adjustment for non-financial risk under International Financial Reporting Standard® (IFRS) 17 for property […]
Educational Note – 2021 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 (referred to as “actuaries” in the rest of this note) in several […]
Educational Note: Guidance for the 2021 Valuation of Insurance Contract Liabilities of Life Insurers
The Committee on Life Insurance Financial Reporting (CLIFR) has prepared this educational note to provide guidance to actuaries in several areas affecting the valuation of the 2021 year-end insurance contract liabilities and other responsibilities of valuation actuaries of life insurers. […]
Update to draft educational notes: Changes to the reference curves outlined in CLIFR’s and PCFRC’s draft educational notes on IFRS 17 discount rates
The Actuarial Guidance Council (AGC), with the support of the Committee on Life Insurance Financial Reporting (CLIFR) and in collaboration with the Committee on Property and Casualty Insurance Financial Reporting (PCFRC), initiated an external consultation on the draft educational note, […]
Draft Educational Note: IFRS 17 – Actuarial Considerations Related to Liability for Remaining Coverage in P&C Insurance Contracts – Illustrative Examples
Draft Educational Note: IFRS 17 – Actuarial Considerations Related to Liability for Remaining Coverage in P&C Insurance Contracts
The Committee on Property and Casualty Insurance Financial Reporting (PCFRC) has prepared this draft educational note to provide guidance on various actuarial considerations related to the liability for remaining coverage (LRC) in P&C insurance contracts, in accordance with IFRS 17 […]
Draft Educational Note: IFRS 17 Measurement and Presentation of Canadian Participating Insurance Contracts: Examples
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 […]