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Welcome to the OCCA Fall MeetingDecember 6, 2006
Agenda1. Business Session
2. Pierre Laurin, Towers Perrin – Enterprise Risk Management
3. Dave Dickson, CIA – CPD Requirements
4. David Oakden, OSFI – OSFI Actuarial Issues
5. Darlene Hall, Nick Polsoni, FSCO – Update on Ontario Rate Filing Process
Minutes of the OCCA Spring MeetingJune 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. A motion to approve the minutes of the November 5, 2005 Fall Meeting was carried.
2. A motion to approve the new members and subscribers was carried.
Minutes of the OCCA Spring MeetingJune 19, 2006
4. The following topics were addressed by our guest speakers: 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
5. The meeting was adjourned.
OCCA Income Statement for the 12 months ended September 30, 2006
2006 2005Dues from Members and Subscribers 5,310 5,100Investment Income 4 0Newsletter advertising 1,800 600Meetings: Spring/
FallBusniess
Skills GolfFees 0 4,887 7,248
Expenses 3,196 4,596 7,085Net (3,196) 292 163 (2,741) (2,270)
OCCA Scholarships (3,000) (3,000)Donation 0 (100)Administrative Expenses (30) (30)
NET INCOME (LOSS) 1,343 300
OCCA Statement of Financial Position and Changes in Equity as at September 30, 2006
2006 2005ASSETS
Cash 12,491 14,872Receivables 0 034 OCCA mugs (at cost) 132 138Total Assets 12,622 15,010
LIABILITIES AND EQUITYOutstanding cheques 3,000 8,330Accrued Expenses 1,600 0Equity
Balance as at Sep 30, 2004 6,679Net Income (Loss) 1,343Balance as at Sep 30, 2005 8,022 6,679
Total Liabilities and Equity 12,622 15,010
Recipients of the 2006 OCCA Scholarship
Ambrose Cheung Fung Choy – University of Waterloo
Jeffrey Gomes – University of Western Ontario
Zicheng Aaron Guo – University of Toronto
The following 21 persons have applied for admission as subscribers of OCCA:
Michael Bertrand Cinthia Cheng James Clifford Shuyan Feng Dorothy Fong Jennifer Jamieson Alvin Kwong Cindy Ma Simone Pereira Moiz Rawala Simon Seguin
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:
Michael Bean Nathalie Lavigne Laura Morrison Marie-Eve Nadeau William Peter Mariane Takahashi
Other business
Salary Survey– New Analysis using Base Salary only
It will be distributed to participants shortly.
– Thank you to DW Simpson
Newsletter– 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
President – Anne Marie Klein-Lee Vice-President – Scott Lennox Secretary-Treasurer – Erika Schurr