Actuaries are experts in financial risk management, a constantly changing field that must be well regulated to protect the Canadian public. We have a duty to share our knowledge with decision makers. By taking a frequent stand on relevant topics, we also make our voices heard and engage in essential discussions for society.
Ottawa, November 30, 2020 – The Canadian Institute of Actuaries (CIA) supports Canada’s eight largest pension funds in their call for companies to undertake consistent and improved disclosure of environmental, social, and governance (ESG) factors according to the Sustainability Accounting Standards Board and the Task Force on Climate-related Financial Disclosures. Improved ESG disclosure will...
In this article, Mary Stock and Trudy Engel discuss a few key considerations that relate to the economic assumption setting process in these unprecedented times and will highlight a few CIA documents that may be worth reviewing.
The impact of COVID-19 on morbidity experience is still unknown at this stage. In this article, Mario St-Hilaire and Steve Turmel discuss the key considerations that relate to the assumption-setting process for morbidity in these unprecedented times.
By Michelle Lindo, FCIA, Chair of the Committee on Risk Management and Capital Requirements Which items should we pay special attention to in the FCT this year given that we are in the midst of the COVID-19 pandemic? Adjustments to the base scenario Typically, the base scenario is based on the business plan. It is possible that the business plan does not yet reflect any adjustments for COVID-19...
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