Overview:The Office of the Superintendent of Financial Institutions (OSFI) is introducing a new capital regime, the Life Insurance Capital Adequacy Test (LICAT) effective in 2018.* The new regime is a complete replacement of the current capital regime and will entail a complete new process for calculating, processing and filing the required capital for the company (SLF, SLA and SLI). The AVP, LICAT Implementation will be a member of the Corporate Actuarial team and report to the VP, Corpo...
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