Quantitative Impact Study #5

OSFI is requesting that life insurers participate in a fifth quantitative impact study (QIS#5) to gather information and assess the potential impact of the major components of a potential revised life insurance regulatory capital framework.

• Life Insurance Capital Standardized Approach–Quantitative Impact Study No. 5
  • General Instructions
  • Commonly Asked Questions (version 4)
  • Summary Worksheets (XLSM, 591 kB) (version 2)
  • Credit Risk Instructions
  • Credit Risk Worksheets (XLSM, 1.33 MB) (version 2)
  • Insurance Risk Instructions
  • Insurance Risk Worksheets (XLSM, 662 kB) (version 2)
  • Insurance Risk Cash Flows (XLSM, 5.01 MB) (version 2)
  • Market Risk Instructions
  • Market Risk Worksheets (XLSM, 2.10 MB) (version 2)
  • Market Risk Test with 50% Reduced Dividends (XLSM, 1.52 MB)
  • Market Risk test with Solvency Buffer Cash Flows (XLSM, 1.86 MB)
  • Market Risk test with Worst Scenario Dividends (XLSM, 1.52 MB)