Quantitative Impact Study #4

OSFI is requesting that life insurance entities participate in a fourth quantitative impact study (QIS#4) to gather information and potential impact related to all methods developed to date for determining the credit, market and the insurance risk capital requirements according to the revised regulatory capital framework under development.

Life Insurance Capital Standardized Approach–Quantitative Impact Study No. 4

• General Instructions
• Aggregation and Diversification Supplementary Information
• Credit Risk Instructions
• Credit Risk Worksheets (XLSX, 737 kB)
• Insurance Risk Instructions
• Insurance Risk - Supplementary Information
• Insurance Risk Worksheets (XLSX, 429 kB)
• Insurance Risk Cash Flows (Version 3) (XLSX, 3.5 mB)
• Market Risk Instructions
• Market Risk Worksheets (Version 2) (XLSX, 1.7 mB)
• Operational Risk – Supplementary Information (new)
• Operational Risk - Worksheets (new) (XLSX, 41 kB)
• Summary Worksheets (Version 4) (XLSX, 529 kB)
• Commonly Asked Questions on Quantitative Impact Study #4 (Version 5)
• Discount Rate Test (XLSX, 284 kB)