Tag: IFRS 17

Have You registered yet for our Annual Conference from the 7th to the 9th December in Barbados?

On 25^th October, John Robinson, present at the start of the CAA, will be inaugurated as President of the Society of Actuaries, the world’s largest actuarial body. Those who can, please register to attend the 2022 SOA ImpACT Conference in person from the 23^rd to the 26^th of October and show support for one of our Caribbean actuaries! There is also a virtual component, from the 26^th to the 28^th, for those who cannot attend in person. Drop us a line if you’ll be there in person.

Congratulations to member Ronald Poon-Affat on his recent Award from the Institute of Brazilian Actuaries in recognition of his outstanding work on growing the profession in Brazil! Parabens, Ronaldinho!

Last week President Simone Brathwaite and other senior CAA Members spoke at CAIR’s Annual Meeting to update them on our new committees, results of our latest IFRS 17 Survey, our ongoing Mortality Study and other items of interest to both organisations.

Continuing the series on The New Actuary, our Industry Growth Task Force interviewed Nikita Gibson, Chair of our Regional Issues Subcommittee. Read the interview here.

Recently, our Regional Issues Subcommittee teamed up with the Institute of Chartered Accountants of Barbados for a Special Newsletter on Barbados’ Social Security Scheme.

Did you miss the International Actuarial Association‘s recent Real-life Experiences of Standard Setting webinar with Birgit Kaiser of the German Association of Actuaries and the CAA’s Lisa Wade? The recording is now up on the IAA’s YouTube channel.

 Videos from Convention A, the recent online Event for actuaries of all specialties, are now being uploaded to actuview. Sessions you might want to watch include:

• Simone Brathwaite, our President, joined Cynthia Egbunonu and Katherine Nylander to speak at IACA’s Diversity & Inclusion
• Diversity of Thought, Episode 13: Embracing Difference Without Discomfort with Cathy Lyn, Tonya Manning, Marjorie Ngwenya and the team.

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Interesting Reading:

• The IFoA Foundation has grants available and welcomes applications from charities, organisations or individuals that meet their criteria.
• The Actuary (IFoA): Exchange of ideas: IFRS 17 implementation in the Caribbean by Servaas Houben, a frequent speaker at our conferences

Upcoming Events:

• FiX 2022: The Ultimate Fintech Experience, The Caribbean’s premier global fintech conference –in Barbados, ends today,  7^th October.
• IAA: IAAHS Data-driven innovation in digital healthcare – 13^th October
• CCA: Annual Meeting – 16^th-19^th October
• EAA: Whistleblowing – Practical Education for Actuaries – 24^th October
• International Conference on Inclusive Insurance – 24^th-28^th October in Kingston, Jamaica
• ASSA 2022 Convention –25^th-28^th October
• Caribbean Association of Banks Conference – 25^th-29^th October in St. Lucia

The 2023 International Congress of Actuaries: Bridge to Tomorrow, takes place next year in Sydney, Australia and there are several ways to be involved:

So, do you think you can take a selfie? In celebration of the ICA2023 theme, Bridge to Tomorrow, there’s a competition! Take a selfie in front of your favourite bridge, and you could win two tickets to BridgeClimb Sydney or a Gift Voucher of equal value. Details Here.

The IAA and its partner actuview are pleased to announce the 1st Young Actuaries World Cup (YAWC). YAWC welcomes all actuaries and students under the age of 35 years old to create a short video expressing their views on how the profession can be advanced in the future along the journey on the Bridge to Tomorrow. The four finalists will compete for the championship title at the International Congress of Actuaries in Sydney. To learn more about this exciting initiative, visit the YAWC webpage.

Save the Date:

• AAA Annual Meeting: Envision Tomorrow -2^nd-3^rd November
• CAS Annual Meeting – 6^th-9^th November
• IFoA: GIRO Conference 2022 – 21^st-23^rd November
• Understanding Risk: UR22 – 28^th November- 2^nd December

Student Zone:

• IABA Virtual Fall Career Fair 11^th October
• CIA Education website launched
• ASA Pathway: Reduction of Exam Hours and Content
• IFoA Learning Change Programme
• University of CAS Online Learning Center

Climate Corner:

• IAA: Climate-Related Disclosures and Risk Management: Standards and Leading Practices – new paper
• Reuters: More than 20 countries agree to boost low-emission hydrogen output by 2030
• Bloomberg: Al Gore Calls Out ‘Greenwashing’ Risks as Funds Quit Green Club
• The Guardian: Bitcoin climate impact greater than gold mining, study shows
• The Guardian: Heat deaths, scorched trees and civil unrest: life on the climate frontline in 2022
• IAA(PBSS): Societal Risk: Climate Change, Sustainability & Biodiversity 12^th Oct
• IFoA: Climate Risk and Sustainability Course 12^th October –7^th December
• Sustainable Innovation Forum: An inclusive, collaborative event enabling climate action at COP27 – 9^th-10^th November

Virus Updates:

• AP: the US to begin screening travelers coming from Uganda for Ebola
• The Guardian: Covid might have changed people’s personalities, study suggests
• Reuters: COVID raises risk of long-term brain injury, large U.S. study finds
• Time: Scientists Find a New Coronavirus in Bats That Is Resistant to Current Vaccines
• Bloomberg: WHO Raises Concern About Scale of Measles Outbreak in Zimbabwe

Thought for Today:

• Guardian Editorial: Pursuing crimes against humanity: a laborious yet urgent challenge

Just for Fun:

• Can you solve it? Physics puzzles for smart students

You Might Have Missed the following:

Videos are now online from The Virtual Island Summit, Sharing Knowledge For Resilient, Sustainable and Prosperous Islands Worldwide.

The New Actuary: Interview with Dr. the Hon. Nigel Clarke, Jamaica’s Minister of Finance and the Public Service, on our social media pages.

Barbados’ PM Mia Mottley recently spoke before the US House Committee on Financial Services onWhen Banks Leave: The Impacts of De-Risking on the Caribbean and Strategies for Ensuring Financial Access (3:41)

The Casualty Actuarial Society (CAS) and the Society of Actuaries Research Institute’s (SOA) Committee on Knowledge Extension Research (CKER) announce the2023 Individual Grants Competition to support the advancement of knowledge in actuarial science.

CAS Election Results

SOA Election Results

Barbados NIS:

• Government of Barbados Press Briefing on the National Insurance Scheme with PM Mia Mottley, NIS Actuary Derek Osborne and others. (YouTube 1:47)
• Our NIS – The Way Forward (YouTube 1:57)
• NIS 17^th Actuarial Review (pdf)
• Watch  April’s Social Security: What Lies Ahead? and other past CAA webcasts on our YouTube Channel anytime.

• The SOA is seeking researchers to submit proposals on the topic of Ecosystem with Big Technology for Insurers.
• SOA Young Professional Advisory Council for SOA members within ten years of achieving their ASA.
• SOA Member Recognition Program – prizes offered to SOA volunteers include the option to donate US$25 to the Actuarial Foundation’s Caribbean Actuarial Scholarship.

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Your News Team: Mike, Betty, Lindsay, Octavio, Pedro & Stokeley

The information on this page does not necessarily reflect the CAA’s opinions, standards or policies. Data included in the graphs have been obtained from several sources, the accuracy of which cannot be guaranteed by the CAA. The CAA assumes no responsibility or liability for the accuracy or completeness of content contained in any linked site.