Insurance advisory committees
Regulators and the Canadian insurance industry are working together through advisory committees to develop more advanced risk measurement techniques that could be incorporated into the current solvency formulas. Two committees have been set up: one for life and health insurance and one for property and casualty insurance.
The AMF is actively involved in those projects with participations in the advisory committees and task forces that have been put into place. The AMF expects to publish regular updates on the committee' progress.
Life and health insurance – Solvency Advisory Committee
- January 2015 – Revised Life Insurance Capital Framework (pdf - 334 KB)This link will open in a new windowUpdated on January 8, 2015"capital framework, life insurance, standard approach" - Standard Approach
- Volume 7 – February 2011 Market Risk Quantitative Impact Study 2 (pdf - 121 KB)This link will open in a new windowUpdated on February 24, 2011 – Summary Results
- Volume 6 – November 2008 Standard Approach To Determine The Solvency Buffer For Market Risk (pdf - 168 KB)This link will open in a new windowUpdated on November 6, 2008 – Draft for comments
Property and casualty insurance – MCT Advisory Committee
- December 2011 – Canadian Vision for Property and Casualty Insurer Solvency Assessment (pdf - 276 KB)This link will open in a new windowUpdated on December 22, 2011Vision, P&C, insurer solvency, 2011 – Final Paper
- July 2011 – Canadian Vision for Property and Casualty Insurer Solvency Assessment (pdf - 271 KB)This link will open in a new windowUpdated on July 22, 2011Canadian vision for property and casualty insurer solvency assessment for MCT advisory committee – Draft for comments
- January 2010 – Key Principles for the Future Direction of the Canadian Regulatory Capital Framework for Property and Casualty Insurance (pdf - 73 KB)This link will open in a new windowUpdated on January 7, 2010 – Final Paper