CIA.FCT-2

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Reading: Guidance for the 2023 Reporting on Capital and Financial Condition Testing for Life, P&C, and Mortgage Insurers (Candidates are not responsible for details related to life assurance or mortgage insurance companies, nor for Sections 1 and 3 and Appendices A, B, and C.)

Author: Canadian Institute of Actuaries

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Study Tips

Everything in this reading is covered in other readings. This reading provides some updates on IFRS17 as well as the FCT, but all of the relevant information regarding FCT is already in CIA.FCT-1. The following sections of the source text are excluded from the syllabus:

  • Section 2: Life regulatory capital requirements
  • Section 4: Mortgage Insurance regulatory capital requirements
  • Appendices A, B, and C

Estimated study time: zero minutes

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No past exam questions are available for this reading.

reference part (a) part (b) part (c) part (d)

In Plain English!

See CIA.FCT-1.

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