Returning Users 6C

From Exam 6 Canada
Revision as of 01:41, 10 August 2023 by Graham (talk | contribs) (New)
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NOTE ABOUT THE EXAM 6 SYLLABUS

One of the challenging things about the Exam 6 syllabus is that it changes frequently with new articles added and existing articles being updated or modified. The syllabus will also sometimes label an article as “new”, but it is actually an updated version of an existing article. The updates of existing articles sometimes have significant changes and sometimes not. All this can be confusing … but not for BattleActs users. You don’t need to figure all this out because we have. BattleActs is the only study guide that identifies what is actually a new article, clarifies what is a modified article and highlights significant changes. We also make it clear when we have reviewed an article, so you won’t find yourself studying something, only to realize later that the content has not been updated. Check our table below and you will know exactly where things stand … and keep checking back to see updates.

FALL 2023 UPDATE

The new syllabus is now on-line on the CAS website. Please note the changes below and check back as we work through the articles.

Deleted Readings

The following readings have been deleted from the previous syllabus.

Citation
CIA IFRS 17 Ins Contracts
CIA Taxes
IBC Flood Residential
IBC Flood

New

The following readings are new to the syllabus.

Citation
Canadian Institute of Actuaries, “Comparison of IFRS 17 to Current CIA Standards of Practice” June 2022
Canadian Institute of Actuaries, “Educational Note: Role of the Appointed Actuary Under IFRS17,” Dec 2022
Insurance Bureau of Canada, “Adapting to Rising Flood Risks – An Analysis of Insurance Solutions for Canada,” August 2022
Office of the Superintendent of Financial Institutions Canada, “P&C Minimum Capital Test and Branch Adequacy of Assets Test Quarterly Return (PC4),” Approved by the Canadian Council of Insurance Regulators, 2023

Modified Readings 1

The following readings have changes you should be aware of.

Citation
CIA.FCT-1
CIA.IFRS17-1
CIA.IFRS17-LRC

Modified Readings 2

The following readings are have no significant changes to the content.

Citation
AM Best Understanding BCAR
CIA PAA

Modified Readings 3

We are currently reviewing these articles and will advise when the review is done.

Citation
CCIR Instructions
CIA IFRS 1
CIA Discount Rates
CIA Valuation
CIA IFRS 2
KPMG Regulatory Oversight - new exclusion - Alberta
In “Landmark Legal Insurance Cases in Canada” Tomec v. Economical is back on the syllabus, it was deleted for Spring 2023.