LFV-C Spring 2019 syllabus update

The Spring 2019 LFV-C syllabus is now available on the SOA’s LFV-C exam page. New, modified, and dropped readings are summarized below.

Later this month, we will post more specific dates for various updates to the online seminar, but we have already begun working the updates, and we will do our best to cover the new readings by mid-January.

In the meantime, feel free to use the online seminar as-is since it already contains the vast majority of readings on the new syllabus. We will be rearranging and working on the layout of the online seminar over the coming weeks and will keep you posted.

New readings for Spring 2019:

  • CIA Educational Note: Selective Lapsation for Renewable Term Insurance Products (Feb 2017)

  • Final Communication of Promulgations of the Max Net Credit Spread, URR and Calibration Criteria for Stochastic Rf Interest rates (May 2014)(Section 2 only)

  • LFV-648-19: PwC In depth A look at current financial reporting issues IFRS 17 (Jun 2017)

  • CIA Educational Note: Comparison of IFRS 17 to Current CIA Standards of Practice

Deleted:

  • LFV–134-16: IFRS PWC Ready or Not (October 2014)

  • LFV-135-16: How We Responded to Feedback on the 2013 Exposure Draft, IASB

  • LFV-135-16: How We Responded to Feedback on the 2013 Exposure Draft, IASB

  • Analysis of Methods for Determining Margins for Uncertainty Under a Principle-Based Framework for Life Insurance and Annuity Products, Ch. 3, 4, 5.1, 5.5-6, 6

Modified:
  • LFV-646-19: Statutory Valuation of Individual Life and Annuity Contracts 5th Edition (2018) Ch. 1 (excluding 1.10)

  • LFV-634-19: CIA Standards of Practice: Practice-Specific Standards for Insurers (Feb 2018)

  • Final Communication of Updated Promulgations of the Ultimate Reinvestment Rates and Calibration Criteria for Stochastic Risk-Free Interest Rates in the SoP (July 2017)

  • LFV-645-19: OSFI Draft Guideline A – LICAT Ch. 1-3, 5-11 (Nov 2017)

  • LFV-647-19: CIA Educational Note: LICAT and CARLI (March 2018)

  • LFV-141-18: IFRS 17 Insurance Contracts – IFRS Standards Effect Analysis IASB (Sections 1, 2, 4, 6, 9 and Appendices A & B) (May 2017)