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International Actuarial Association | Association Actuarielle Internationale

 

Cape Town, South Africa — November 2016

This Special Newsletter reports on the discussions and action items arising from the IAA Council and committee meetings held in Cape Town from November 17-21, 2016     Highlights from this issue include:   EC AND PRESIDENT’S REPORT GUEST SPEAKER ·         Dr. Michael Jordaan, former CEO of First National Bank 2017 ELECTION RESULTS NEW MEMBER: Actuarial Society of Turkey as the 69th Full Member OTHER ITEMS APPROVED AT COUNCIL ·         Auditors, 2017 Budget and Dues ·         International Standard of Actuarial Practice 1A (ISAP 1A) – Governance of Models and ISAP 5 – Insurer Enterprise Risk Models ·         The Institute of Actuaries of Japan as the hosts of the International Congress of Actuaries (ICA) in 2026 COMMITTEE APPOINTMENTS AND CHAIR RECOGNITION SESSION ON THE IAA DINNER OUTCOME OF COMMITTEE, SECTION AND WORKING GROUP MEETINGS ·         Accreditation Committee ·         Actuarial Standards Committee ·         Advice and Assistance Committee ·         Audit and Finance ·         Education Committee ·         Enterprise and Financial Risk ·         Executive Committee ·         Branding and Communications Subcommittee ·         Section Access and Awareness Task Force ·         Joint Sections Development Task Force ·         Strategic Planning Subcommittee ·         General Insurance Committee ·         Health Committee ·         Insurance Accounting Committee  ·         Insurance Regulation Committee ·         Nominations Committee ·         Pensions and Employee Benefits Committee ·         OECD Subcommittee ·         Professionalism Committee ·         Scientific Committee ·         Banking Working Group ·         Big Data ·         Mortality Working Group ·         Population Issues Working Group ·         Resource and Environment Working Group ·         Social Security Committee ·         Health Section ·         International Association of Consulting Actuaries   PRESIDENT’S FORUM ·         The Impact of Wellness Engagement on Morbidity and Mortality - a Big Data Case Study – Emile Stipp, Discovery Health Chief Actuary ·         Proportionate Actuarial Services – Nigel Bowman, Microinsurance Working Group Chair and Jules Gribble, IAIS ·         Public Policy – Tom Wildsmith, American Academy of Actuaries ·         Updates on the State of the Profession Survey; Branding; Certified Actuarial Analyst designation; CERA Global Association; ICA 2018; and, Actuarial Standards MONOGRAPH ON RISK ADJUSTMENT 4th AFRICAN ACTUARIAL CONGRESS NEXT MEETINGS:  Budapest, Hungary — April 19-23, 2017 SECRETARIAT NEWS The IAA Secretariat will be closed from December 24–27 and on January 1-2.

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The International Actuarial Association is the worldwide association of professional actuarial associations, with a number of special-interest sections for individual actuaries. Founded in 1895, the IAA exists to encourage the development of a global actuarial profession that is acknowledged as technically competent and professionally reliable, ensuring that the public interest is served. The IAA has 69 Full Member Associations, representing 98 percent of qualified actuaries worldwide, and 28 Associate Member Associations.   International Actuarial Association | Association Actuarielle Internationale 99 Metcalfe Suite 1203 Ottawa, ON Canada K1P 6L7 Tel: 1-613-236-0886 | Fax: 1-613-236-1386 secretariat@actuaries.org | www.actuaries.org