Media Advisory - The Actuarial Standards Oversight Council holds its third
annual public meeting

OTTAWA, Dec. 9 /CNW Telbec/ - John Solursh, Chairperson of the Actuarial Standards Oversight Council (ASOC), is pleased to invite the media to attend ASOC's third annual public meeting.

The Actuarial Standards Board (ASB) was established in 2007 by the Canadian Institute of Actuaries as an independent body with the authority and responsibility for developing, establishing and maintaining actuarial standards of practice. ASOC was established to serve the public interest by overseeing and providing input to the activities of the ASB. The ASOC is composed of seasoned professionals and business people with experience in the financial sector. One of the most important duties of the ASOC is to appoint the members of the ASB.

Mr. Solursh will describe the recent activities and role of ASOC. Also, Charles McLeod, Chair of the ASB, will present a report outlining the Board's activities. In addition, there will be an opportunity for you to ask questions about the ASOC, the ASB and the actuarial standard-setting process, and related issues.

    Date:      Thursday, December 10, 2009
    Time:      16:00 p.m.
    Location:  Caledon Room of the InterContinental Toronto Centre
               225 Front Street West
               Toronto, Ontario
    Who:       John Solursh, Chairperson, Actuarial Standards Oversight
               Charles McLeod, Chairperson, Actuarial Standards Board

The Actuarial Standards Oversight Council supervises the actuarial standard-setting processes of the Actuarial Standards Board to ensure that they are appropriate and responsive to the public interest. Actuaries employ their specialized knowledge of the mathematics of finance, statistics and risk theory on problems faced by pension plans, government regulators, insurance companies (both Life and Property/Casualty), social programs and individuals.

SOURCE Canadian Institute of Actuaries

For further information: For further information: Erin Waldegger, (613) 236-8196 ext. 113

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Canadian Institute of Actuaries

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