Transcript Business Sessions

Welcome to the OCCA Fall Meeting
December 6, 2006
Agenda
1.
2.
3.
4.
5.
Business Session
Pierre Laurin, Towers Perrin – Enterprise Risk Management
Dave Dickson, CIA – CPD Requirements
David Oakden, OSFI – OSFI Actuarial Issues
Darlene Hall, Nick Polsoni, FSCO – Update on Ontario Rate
Filing Process
Minutes of the OCCA Spring Meeting
June 19, 2006
The Ontario Conference of Casualty Actuaries (OCCA) held its
Spring meeting on Monday, June 19, 2006 at Ernst and Young
Tower, located at 222 Bay Street, Toronto, Ontario from 4:00 to
7:00 p.m.
1.
2.
A motion to approve the minutes of the November 5, 2005 Fall
Meeting was carried.
A motion to approve the new members and subscribers was
carried.
Minutes of the OCCA Spring Meeting
June 19, 2006
4.
The following topics were addressed by our guest speakers:
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5.
Jim Christie, CAS VP – Admissions: Proposed Changes to the
CAS Constitution and Bylaws
Chris Parish, Benfield Canada: Catastrophe Modelling
Claudette Cantin, Chairperson – CIA P&C Financial Reporting
Committee: Update
Dr. Robert Conn, President and CEO of SmartRisk: Injury
Prevention
The meeting was adjourned.
OCCA Income Statement for the 12 months
ended September 30, 2006
Dues from Members and Subscribers
Investment Income
Newsletter advertising
Meetings:
Spring/ Busniess
Fees
Expenses
Net
OCCA Scholarships
Donation
Administrative Expenses
NET INCOME (LOSS)
Fall
0
3,196
(3,196)
Skills
4,887
4,596
292
Golf
7,248
7,085
163
2006
5,310
4
1,800
2005
5,100
0
600
(2,741)
(3,000)
0
(30)
(2,270)
(3,000)
(100)
(30)
1,343
300
OCCA Statement of Financial Position and
Changes in Equity as at September 30, 2006
2006
ASSETS
Cash
Receivables
34 OCCA mugs (at cost)
Total Assets
LIABILITIES AND EQUITY
Outstanding cheques
Accrued Expenses
Equity
Balance as at Sep 30, 2004
Net Income (Loss)
Balance as at Sep 30, 2005
Total Liabilities and Equity
2005
12,491
0
132
12,622
14,872
0
138
15,010
3,000
1,600
8,330
0
8,022
12,622
6,679
15,010
6,679
1,343
Recipients of the 2006 OCCA Scholarship
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Ambrose Cheung Fung Choy
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Jeffrey Gomes
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University of Waterloo
University of Western Ontario
Zicheng Aaron Guo
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University of Toronto
The following 21 persons have applied for
admission as subscribers of OCCA:
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Michael Bertrand
Cinthia Cheng
James Clifford
Shuyan Feng
Dorothy Fong
Jennifer Jamieson
Alvin Kwong
Cindy Ma
Simone Pereira
Moiz Rawala
Simon Seguin
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Gulia Shabnam
George Sid
Fiona So
Kunkook Son
Queenie Tsang
Cong Wang
James Yang
Arvelle Zacharias
Bill Zhang
The following 6 persons have applied for
admission as members of OCCA:
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Michael Bean
Nathalie Lavigne
Laura Morrison
Marie-Eve Nadeau
William Peter
Mariane Takahashi
Other business
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Salary Survey
–
New Analysis using Base Salary only
It will be distributed to participants shortly.
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Thank you to DW Simpson
Newsletter
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Comments, feedback and submissions are
welcomed
Contact the executive to place advertising
Nominees for Executive Positions
Vice-President
 Scott Lennox
University Liason
 Position will be available Spring 2007
OCCA Executive for 2006-07
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President – Anne Marie Klein-Lee
Vice-President – Scott Lennox
Secretary-Treasurer – Erika Schurr