Canada : Financial Sector Assessment Program-Impact on the Insurance Sector of a Low Interest Rate Environment-Technical Note »
Series: IMF Staff Country Reports
Author(s): International Monetary Fund. Monetary and Capital Markets Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 March 2014
Keywords: life insurance, insurance companies, policyholders, insurance products, accounting standards
This paper discusses Canada's Financial Sector Assessment Program (FSAP) impact on the insurance sector of a low interest rate environment. It highlights that actuarial standards on valuation of liabilities require...