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Welcome to the OCCA Fall Meeting November 27 th , 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).
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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)
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 4:30 to 7:00 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.
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”
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
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
Nominees for Vice President • Bill Premdas
Nominees for Secretary-Treasurer • Patricia Hladun
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 1,7985,104 Net (1,798) (604) (2,402) (640) • OCCA Scholarships (3,000) (3,000) • Administrative Expenses ( 30) (299) • NET INCOME (LOSS) (1,387) 2
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
Recipients of the OCCA 2003 Scholarship Shayan Iqbal Jafrani, U of Toronto Aizaz Wahid, UWO Matthew Buchalter, U of Waterloo