Welcome to the OCCA Fall Meeting November 27th, 2003 - PowerPoint PPT Presentation

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Welcome to the OCCA Fall Meeting November 27th, 2003

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Title: Welcome to the OCCA Fall Meeting November 27th, 2003


1
Welcome to the OCCA Fall MeetingNovember 27th,
2003
  • Agenda
  • Business Session OCCA Secretary-Treasurer
    Christopher Cooney
  • Ontario Auto Reform Mark Yakabuski (IBC)
  • Product Reform Costing Jacqueline Friedland
    (KPMG LLP) Barbara Addie (Baron Ins Svcs
    Inc)

2
MINUTES OF THE OCCA ANNUAL MEETINGJune 5, 2003
  • The Ontario Conference of Casualty Actuaries
    (OCCA) held its Spring meeting on Thursday, June
    5, 2003 at Ernst and Young Tower, located at 222
    Bay Street, Toronto, Ontario from 430 to 700
    p.m.
  • Business Session
  • 1. A motion to approve the minutes of the
    December 5, 2002 Fall Meeting was carried.
  • 2. A motion to approve the new members and
    subscribers was carried.
  • 3. Plans for the upcoming OCCA Golf tournament
    were unveiled.

3
MINUTES OF THE OCCA ANNUAL MEETING (Continued)
  • 4. The following topics were addressed by our
    guest speakers
  • i. Gail Ross discussed CAS progress on Mutual
    Recognition.
  • ii. Bob Morand lead an interactive session
    Improving Communication Skills Through
    Improvisation

4
The following thirteen persons have applied for
admission as subscribers of OCCA
  • Jennifer Kang Stuart Montgomery
  • Houston Cheng Benjamin Huang
  • James Wang Dan vander Ploeg
  • Hussain Dhalla Maxime Gelinas
  • Cherry Chung Syntheia Sin
  • Dede Cung Maki Dahchour
  • Kuhan Puanesasingham

5
The following eleven members of the CAS are
eligible for admission as members of OCCA
  • Anne Marie Klein Anh Tu Le
  • Patrick Beaulieu Hanny Wai
  • Christine Cadieux Ryan Ho
  • Kevin Chan
  • Nicholas De Palma
  • John Giles
  • Simon Guenette
  • Faisal Hamid

6
Nominees for Vice President
  • Bill Premdas

7
Nominees for Secretary-Treasurer
  • Patricia Hladun

8
ONTARIO CONFERENCE OF CASUALTY ACTUARIESINCOME
STATEMENT FOR THE 12 MONTHS ENDEDSEPTEMBER 30


  • 2003 2002
  • Dues from Members and Subscribers 4,045
    3,935
  • Investment Income 1 6
  • Meetings Annual Golf
  • Fees 0 4,500
  • Expenses 1,798 5,104
  • Net (1,798) (604) (2,402) (640)
  • OCCA Scholarships (3,000) (3,000)
  • Administrative Expenses ( 30) (299)
  • NET INCOME (LOSS) (1,387) 2

9
ONTARIO CONFERENCE OF CASUALTY ACTUARIESSTATEMENT
OF FINANCIAL POSITION AND CHANGES IN EQUITYAS
AT SEPTEMBER 30
  • ASSETS 2003 2002
  • Cash 10,334 11,154
  • Receivables 840 1,092
  • 50 OCCA mugs (at cost) 314 314
  • Total Assets 11,488 12,561
  • LIABILITIES AND EQUITY
  • Outstanding Cheques 3,712 3,399
  • Equity
  • Balance as at Sept 30, 2002 9,162
  • Net Income (Loss) (1,386)
  • Balance as at Sept 30, 2003 7,775 9,162
  • Total Liabilities and Equity 11,488 12,561

10
Recipients of the OCCA 2003 Scholarship
  • Shayan Iqbal Jafrani, U of Toronto
  • Aizaz Wahid, UWO
  • Matthew Buchalter, U of Waterloo

11
Second Annual OCCA Golf Tournament Aug 2003
12
Second Annual OCCA Golf Tournament Aug 2003
13
Second Annual OCCA Golf Tournament Aug 2003
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