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Current Projects

ASB Strategic Plan 2016-2021

 


Current Project Latest Publication
Revise Mortality Improvement Rates and Associated Margins for Adverse Deviations within the Practice-Specific Standards on Insurance Contract Valuation: Life and Health (Accident and Sickness) Insurance (Subsection 2350) and the Accompanying Promulgation Notice of Intent to Revise Mortality Improvement Rates and Associated Margins for Adverse Deviations within the Practice-Specific Standards on Insurance Contract Valuation: Life and Health (Accident and Sickness) Insurance (Subsection 2350) and the Accompanying Promulgation issued September 2016
Review the proposed Life Insurance Capital Adequacy Test Exposure Draft: Revisions within the Practice-Specific Standards for Insurance (Sections 2400 and 2500) issued July 2017
Revisions to Subsection 3260 of the Practice-Specific Standards for Pension Plans – Reporting: External User Report; Advice on the Funded Status or Funding of a Pension Plan Exposure Draft – Revisions to Subsection 3260 of the Practice-Specific Standards for Pension Plans – Reporting: External User Report; Advice on the Funded Status or Funding of a Pension Plan issued June 2017
Establish Standards of Practice in respect of Calibration of Stochastic Models used for the Purposes of Certification of Pension Plan Funding Requirements (new Subsection 3270 Stochastic Modelling) Notice of Intent to Establish Standards of Practice in respect of Calibration of Stochastic Models used for the Purposes of Certification of Pension Plan Funding Requirements (new Subsection 3270 Stochastic Modelling) issued June 2016
Incorporate Principles of International Standard of Actuarial Practice 4 – Actuarial Practice in Relation to IFRS X Insurance Contracts into the Canadian Standards of Practice Notice of Intent to Incorporate Principles of International Standard of Actuarial Practice 4 – Actuarial Practice in Relation to IFRS X Insurance Contracts into the Canadian Standards of Practice issued June 2015
Revise the General Standards (Part 1000) Exposure Draft – Revisions to General Standards (Part 1000) issued February 2017
Incorporate Principles of International Standard of Actuarial Practice 2 – Financial Analysis of Social Security Programs into the Canadian Standards of Practice Final Standards – Practice-Specific Standards for Social Security Programs (Part 7000) issued March 2017
Revision of International Standard of Actuarial Practice 1 and Reporting of Assumptions, Margins, Methods, and Related Rationales Final Standards – Revisions to the General and Practice-Specific Standards – Consistency of Reporting and Conformance with International Standard of Actuarial Practice 1 issued December 2014
Revisions of Economic Reinvestment Assumptions within the Practice-Specific Standards on Insurance Contract Valuation: Life and Health (Accident and Sickness) Insurance (Section 2300) Final Standards – Revisions to Economic Reinvestment Assumptions within the Practice-Specific Standards on Insurance Contract Valuation: Life and Health (Accident and Sickness) Insurance (Section 2300 and Subsection 1110) issued May 2014
Incorporate Principles of International Standard of Actuarial Practice 3 – Actuarial Practice in Relation to IAS 19 Employee Benefits into the Canadian Standards of Practice Notice of Intent to Review the Standards of Practice for Consistency with ISAP 3 and to Review Sections 3400 and 6400 of the Standards of Practice for Consistency issued October 2017
Standards of Practice for the Use of Models Final Standards of Practice – Use of Models issued January 2017

Amendments to Section 3500 of the Practice-Specific Standards for Pension Plans – Pension Commuted Values Exposure draft – Amendments to Section 3500 of the Practice-Specific Standards for Pension Plans – Pension Commuted Values issued July 2017

Revise the Practice-Specific Standards for Public Personal Injury Compensation Plans (Part 5000) Notice of Intent to Revise the Practice-Specific Standards for Public Personal Injury Compensation Plans (Part 5000) issued August 2017

Review the General Standards of Practice (Part 1000) Portion Related Related to Peer Review Notice of Intent to Review the General Standards of Practice (Part 1000) Portion Related to Peer Review issued August 2017

Harmonization of DCAT/ORSA

 

For additional information regarding these and other ASB projects currently underway, please reference the ASB meeting reports under Communications>>Meeting Reports.