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.
Building on a tradition of collaboration at the 2021 OCA Seminar
On September 13, FCIAs Michel St-Germain, Damien Lapointe Nguyen, Alyssa Hariton, and France Panneton presented at OSFI’s 2021 Office of the Chief Actuary (OCA) Seminar, a triennial event calling on the expertise of demographic, economic, and investments experts to share their views on long-term perspectives.
Long Live Rock
The Rolling Stones are back on tour this fall, despite the recent passing of drummer Charlie Watts, proving that old age and impending mortality don’t have to be impediments when it comes to being a rock star. But they’re not the only ones. Several performers from the classic rock can still be seen making new music and touring, even as they reach ages when most of us hope to be well into...
Living well in retirement is the goal of all Canadians, but how prepared are we?
In the 2020 Retirement Risk Survey, conducted in partnership with Ipsos, the CIA asked Canadians a series of provocative questions about their retirement and long-term planning. The survey focused on how well Canadians understood longevity and life in retirement, and how accurate their expectations are around being disabled in retirement, needing long-term care, and more.
Outliving one’s income in retirement
Advances in modern medicine mean people are living longer, and while a longer life is an important gain, it can present a challenge to income security. We asked Canadians to consider how well their retirement plans factor in the possibility of living longer and what it might mean for their quality of life.