1. 2008 General Meeting Assemblée générale 2008 Toronto, Ontario
Canadian
Institute of
Actuaries
L’Institut canadien
des
actuaires
2008 General Meeting
Assemblée générale 2008
Toronto, Ontario

2. Report on CIA Group Committee
Gen O8 - November 2008
Gary Walters

3. CIA Group Committee Mandate
The Group Committee will:
Provide a resource on Group Insurance to existing CIA committees:
as a source of volunteers on Group Insurance specific topics,
a source of advice on the special circumstances of Group insurance and
to review standards of practice, education and study notes for their applicability to and impact on Group
Act as a resource in disseminating information, providing advice and promoting continuing education on Group topics to the CIA membership
Provide a means to initiate Group related activities within the CIA on subjects which are most important to Group actuaries
Encourage Group actuaries to be more involved and engaged with the CIA

4. CIA Group Committee Membership
Linda Maillett
Shannon Patershuk
Denis Garand
Rob Hinrichs
Bruce Langstroth
Jeff Neufeld – Vice-Chair
Andrew Ryan
Gary Walters – Chair
Vacancy for consultant – anyone interested?

5. Group Committee Activities
Resource to CIA Committees
Assisted research committee in getting Group LTD experience committee back in action
Assisted capital committee in review of new approximations for Group in MCCSR mortality
Provided support in development of Group Skill & Knowledge Inventory
Ideas for sessions for program committee
CLIFR re new Group Valuation Education note

6. Group Committee Activities
Dissemination of Information
Set up group Actuary List-server
Used sparingly for important information
AD&D court decisions
Group SKI
CLHIA Risk Concentration form

7. Group Committee Activities
Instigate Group relevant activities
Investigation Task Force re support that CIA can provide those actuaries doing post employment benefit valuations
Task force on Sources of Earnings for Group
Discussion with Capital Committee re MCCSR morbidity factors

8. Group Committee Activities
Encourage greater involvement from Group Actuaries
????
Future
Need for DACT guidance for Group?
Need review of PfAD guidance for Group?
Other ideas?