By Terence Narine, FCIA The content of this article should not be construed as an actuarial opinion or guidance on actuarial work. I do not have experience in some of the practice areas mentioned in this article, so my comments are made from the perspective of someone outside these areas. A black swan event can be viewed like the 1-in-200-year flood that we risk managers agonize over; a rare...
IASB affirms extension of IFRS 17 effective date and IFRS 9 temporary exemption for insurers to January 1, 2023
At a meeting on March 17, 2020, the International Accounting Standards Board (the Board) recommended delaying the effective date of the IFRS 17 Insurance Contracts to January 1, 2023.
IFRS 17 and the Appointed Actuary in Canada
IFRS 17 – Insurance Contracts, the new accounting standard currently expected to become effective for Canadian insurers in 2022, presents fundamentally new approaches to methodology, assumptions, and reporting and disclosure requirements.
InsureTech 101 … and how has it already changed your world?
Six months ago, I left my job as an actuary at a well-respected reinsurer to join an InsureTech company as a product manager.
Cannabis legalization and the insurance industry in Canada
Get the straight dope with host Chris Fievoli, FCIA, and author Lloyd Milani, FCIA, as they discuss the impacts of cannabis legalization on the Canadian insurance industry. Learn about trends in usage, the impact on addiction and mortality, and the reliability of soft data in assessing this new risk.
