
The third report of Canadian Insurance Industry Monthly Aggregate Data Analysis from the Canadian Institute of Actuaries is now available, providing data updated to the end of December 2020.
Released in late 2020, this research paper, prepared jointly with the Society of Actuaries, examines lapse and mortality experience on term insurance plans once they reach the end of the initial level premium period. Steve Schumacher, FSA, MAAA, one of the paper’s authors, joins us to discuss their findings and the implications for product pricing.
With almost a year’s exposure to the COVID-19 pandemic, the impact of the virus on Canadian insurers is a topic of interest to actuaries. A CIA Research Council initiative to survey Canadian insurance companies and collect COVID-19 data from their individual and group life business has now produced results. Keith Walter, FCIA, Chair of the Research Council, joins us to provide an overview of...