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How to Manage Capital Volatility under IFRS 17 and LICAT 2023

By FCIAs Robert Berendsen and Catherine Sun Effective January 1, 2023, insurers that report on an International Financial Reporting Standards (IFRS) basis are required to apply IFRS 17 Insurance...

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Climate change: challenges and opportunities for crop insurance in Canada

The pandemic we have just come out of reminded us of the importance of maintaining robust food sovereignty in our country, provinces and cities. The post Climate change: challenges and opportunities...

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More than just modelling: An FCIA’s dynamic journey through the banking sector

As a kid growing up in China, I had always wanted to become a scientist, and if you had told me that I would one day become an actuary, I would have been completely confused. The post More than just...

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The Case for Implementing an Office of the National Chief Health Actuary

Like most other countries, Canada does not currently have an Office of the National Chief Health Actuary or a related position. The post The Case for Implementing an Office of the National Chief Health...

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Climate Risk from the Canada Pension Plan’s Perspective

In a world marked by extreme weather events and climate uncertainties, understanding the financial landscape becomes crucial. Discover the Office of the Chief Actuary's (OSFI) innovative approach to...

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Navigating the climate frontier – incorporating climate change into financial...

Actuaries and other professionals will be increasingly expected to incorporate climate change considerations into their work. The post Navigating the climate frontier – incorporating climate change...

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