August News Update

2023 IABA ANNUAL MEETING

 The International Association of Black Actuaries, IABA, held their Annual Meeting the first weekend of this month in Chicago. In attendance were CAA President Simone Brathwaite, Board Member Nicola Barrett and several other CAA members who attended to represent other associations and companies. These included John Robinson, SOA President, IABA Past President and CAA Honorary Member. Many of our members are also members of IABA.

We were thrilled when we got the news that Nicola had received IABA’s Mentor of the Year Award. Congratulations, Nicola!

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REMINDERS:

2023 Call for Nominations

The Caribbean Actuarial Association holds Board elections every two years at the Annual General Meeting. The next elections will take place at the 2023 Annual General Meeting to be held 1st December 2023.

The President Elect succeeds to the office of President.

The President succeeds to the office of Immediate Past President.

All other positions are elected.

An incumbent member of the Board of Directors may be re-elected to the same or another position on the Board of Directors.

Nomination form was sent by email to members on 3rd August.

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CPD

All Ordinary, Affiliate and Associate Members of the Caribbean Actuarial Association are required to do Continuing Professional Development. Please log into the members' area of our website and select the appropriate button from the menu.

Please read the entire CPD Policy here before completing your attestation.

Attestation period closes 31st August.

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New Student Member Category Current Student members, please check your inbox for “Information Request” email.

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 REGIONAL NEWS & EVENTS

NIS Pension Reform Barbados

Climate Change and Disaster Risk Reduction Team: Caribbean Resilience Series

The Guardian (UK:) Mid-income developing countries ‘risk losing out on climate funds’ – Interview with Hyginus Leon, President of the Caribbean Development Bank.

UN 4th International Conference on Small Island Developing States Regional Preparatory Meeting for the Caribbean region took place in St. Vincent and the Grenadines on 8th August.

Videos available on YouTube. Video 1 (5½ hrs). Video 2 (6½ hrs)

The Conference itself will take place in Antigua and Barbuda in 2024.

Virtual Island Summit 25th-29th September

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ACTUARIAL NEWS & EVENTS

INTERNATIONAL ACTUARIES’ DAY

2nd September falls on a Saturday this year so celebrations held on Friday, 1st,

International Actuaries Day Webinar 1st September at 7:00am EDT

IAA Competition “An Actuary is…” Submissions to date on YouTube

IACA Webinar: 7 years on – Is there green in green consulting? 13th September

 

The International Association of Insurance Supervisors (IAIS) has published consultations on draft revised ICP 14 (Valuation) and ICP 17 (Capital Adequacy). 

Comments on draft revised ICP 14draft revised ICP 14 related termsdraft revised ICP 17 and draft revised ICP 17 related terms are invited by 21 September 2023 24:00 CEST

Actuview: In an exclusive forum sponsored by Deloitte, Milliman, msg life and RGA, actuview Premium Content Partners share executive perspectives on the critical role actuaries play within the life and health insurance industry. Global Insurance Partners Roundtable: Actuaries Expanding Horizons 20th September

SOA: In this first released podcast on COVID-19 Data and Modeling hosted by Dale Hall,  SOA Managing Director of Research, speaks with Matthew Edwards, Senior Director at Willis Towers Watson, an actuary, and during the pandemic Chair of the UK’s Continuous Mortality Investigation.  

SOA Elections Voting opens on 6th September and closes on 27th September. We note that long-time CAA member and supporter, Nazir Valani is a Board Candidate. Another longtime CAA member and volunteer, Mike Smith, is up for International Section in the Section Elections.

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STUDENTS

SOA: Evolving the FSA Pathway

SCHOLARSHIPS:

The Stephen Alleyne Memorial Scholarship is the Caribbean Actuarial Association’s Scholarship in honour of Stephen Alleyne, one of our first Council members. Candidates must be CARICOM nationals in their final year of the BSc degree in Actuarial Science at the Mona Campus of the University of the West Indies and have a B+ average or its equivalent and must maintain this average for the duration of the award. Please visit UWI’s website for more details and to apply.

The Caribbean Actuarial Scholarship is endowed by Mike and Mary McLaughlin in honour of Mary’s parents. The Scholarship is awarded through the Actuarial Foundation.  For further information and to apply click here.

The Fullerton-Long Caribbean Scholarship, financed by Norbert Fullerton and Andrew Long in conjunction with the IFoA Foundation. For more information, visit the IFoA Foundation.

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Point to Ponder: ‘We turn waste into something golden’: the creatives transforming rags to riches – 92m tonnes of textile waste are created annually. A few countries are doing something about it.

Just for Fun: Wordiply, new puzzle from The Guardian

 

-Your News Team

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July News Update