Office of the Superintendent of Financial Institutions
These videos provide information about Guideline A: Life Insurance Capital Adequacy Test (LICAT), which is effective January 1, 2018.
On November 24, 2017, OSFI issued an updated LICAT 2018 guideline. The technical videos are consistent with that guideline and give useful information about certain aspects of the new capital test, by area of interest.
The webcast information sessions took place in April 2016, with the release of a draft LICAT 2018 guideline for public consultation, and September 2016, with the release of a revised version of the LICAT guideline.
Information included in LICAT webcasts and videos comprises summary information and does not include all guideline considerations; it is therefore not to be relied upon as official guidance.
Users should consult the LICAT guideline for the official text and additional specifications, which may be relevant in particular circumstances.