2009 Memorandum for the Actuary’s Report on Property and Casualty Insurance Business

This Memorandum describes the requirements of the Office of the Superintendent of Financial Institutions (OSFI) with respect to the Appointed Actuary’s Report (AAR), sets out the minimum standards used in determining the acceptability of the AAR and provides guidance for actuaries preparing reports in matters relating to presentation, level of detail and nature of the discussions to be included.