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Canadian Institute Of Actuaries (CIA)

What is 'Canadian Institute Of Actuaries - CIA'

The Canadian Institute of Actuaries, or CIA, is an organization of the actuarial profession in Canada. The CIA's vision is to for actuaries to be recognized as the leading professionals in the financial modeling and risk management fields. It is the Canadian version of the AmericanAcademy of Actuaries.

Explaining 'Canadian Institute Of Actuaries - CIA'

The Canadian Institute of Actuaries was established in March, 1965, by an act of Canada's federal Parliament. The organization requires members to reside in Canada and to belong to an approved actuarial organization. The institute is also responsible for issuing the Fellow of the Canadian Institute of Actuaries (FCIA) designation to actuaries, which is a requirement under Canadian law for practicing actuaries.

In Canada, there are regulations that require non insured pension plans to be valued once every three years by an FCIA. In order for an actuary to be designated an FCIA, the actuary is required to pass an exam issued by the Society of Actuaries, another professional actuary organization in Canada, and Practice Education Course (PEC), which is administered by the CIA.


Further Reading


History of actuarial profession
onlinelibrary.wiley.com [PDF]
… The CIA was established by an Act of the Canadian Parliament … of Japan to world commerce in the nineteenth century is related to the founding of the Institute of Actuaries of … National report for Canada: coming of Age, 26th International Congress of Actuaries Transactions, Vol …

Entrepreneurship model of professional development of actuaries in CanadaEntrepreneurship model of professional development of actuaries in Canada
repository.rshu.edu.ua [PDF]
… The CIA was established by an Act of the Canadian Parliament … of Japan to world commerce in the nineteenth century is related to the founding of the Institute of Actuaries of … National report for Canada: coming of Age, 26th International Congress of Actuaries Transactions, Vol …

The development of University-based actuarial education in CanadaThe development of University-based actuarial education in Canada
pps.udpu.edu.ua [PDF]
… The CIA was established by an Act of the Canadian Parliament … of Japan to world commerce in the nineteenth century is related to the founding of the Institute of Actuaries of … National report for Canada: coming of Age, 26th International Congress of Actuaries Transactions, Vol …

Peculiar features of attaining the CERA designation in CanadaPeculiar features of attaining the CERA designation in Canada
content.sciendo.com [PDF]
… The CIA was established by an Act of the Canadian Parliament … of Japan to world commerce in the nineteenth century is related to the founding of the Institute of Actuaries of … National report for Canada: coming of Age, 26th International Congress of Actuaries Transactions, Vol …

An Overview of the Actuarial Profession in Canada for Users of Actuarial EvidenceAn Overview of the Actuarial Profession in Canada for Users of Actuarial Evidence
heinonline.org [PDF]
… The CIA was established by an Act of the Canadian Parliament … of Japan to world commerce in the nineteenth century is related to the founding of the Institute of Actuaries of … National report for Canada: coming of Age, 26th International Congress of Actuaries Transactions, Vol …