The end is in sight for the implementation of IFRS 17, scheduled to take place on January 1, 2023. To get a view of the state of affairs on this project, we sat down with the Co-Chairs of the IFRS 17 Steering Committee, Les Rehbeli, FCIA, and Sati MacLean, FCIA.
First and second waves of the pandemic had noticeable impact on individual insurance claims
Report 4: COVID-19 Canadian Insurance Industry Monthly Aggregate Data Analysis from the Canadian Institute of Actuaries is now available, providing data updated to the end of May 2021. This report series examines the impact of COVID-19 on Canada’s life insurance industry, using key findings to help decision-makers better understand and manage risk.
COVID-19 sets the stage for basic income, but can it work?
The alone stage of retirement: A risk exacerbated by gender
There is a growing proportion of baby boomer women who will end up living alone at older ages with limited incomes, and for whom health and daily activity issues will become more burdensome. It is this middle stage and into the late stage of retirement that many women will also find themselves alone and having to cope with both financial and non-financial issues – a period referred to as “the...
Should we expect COP 26 to deliver a Paris Agreement 2.0? Can lessons from COVID-19 increase political will?
As global citizens and professionals, actuaries need to give some priority to a climate-sensitive, sustainable future and help enhance collective financial and societal well-being. COP 26 signatories drive political decisions, but the details at implementation level is what will matter for actuaries, so they should be prepared to participate in the formulation of clear, consistent, and...