For those of us with an ACIA or FCIA designation, those four hard-earned letters can represent many things. Beyond being a celebrated achievement, they’re a signal that we have expertise in actuarial practice and can be trusted to do high-quality work according to established standards.
Actuaries, especially those in the P&C area, need to accurately reflect climate risk in their financial condition testing. However, developing these scenarios can create a number of challenges.
Insurers that report on an International Financial Reporting Standards (IFRS) basis were required to apply IFRS 17 Insurance Contracts for annual reporting periods starting on or after January 1, 2023.
Looking back at my actuarial science journey and what it has been to this point, I am not able to condense the experience down to a single aspect. Rather, it has been the sum of the experiences, opportunities and conversations that I’ve had to this point that have led me to where I am today. And I’m very excited to explore the areas and skills connected to actuarial science as well, such as data...
In this second episode of our two-part series, we continue our conversation with authors who contributed to the CIA’s latest ERM booklet.
Canadian Institute of Actuaries
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SeeingBeyondRisk@cia-ica.ca