The International Actuarial Association (IAA) is pleased to announce that it has admitted the China Association of Actuaries (CAA) as its 63rd Full Member association with effect from December 14, 2010. Only three years after it was established, the CAA, whose President is Mr. Wei Yingning, has a membership comprising 390 fully qualified actuaries, 269 Associates and 1600 students.

Admission as a Full Member association of the IAA follows a rigorous process that includes reviewing the education program and ensuring that the applicant association has a Code of Professional Conduct, a formal discipline process, and a formal process for the adoption of standards of practice, where applicable. The IAA Accreditation Committee reviews each of these documents to ensure compliance with IAA set requirements. The IAA Education Committee ensures that the association’s education programme meets the criteria set out in the IAA Education Guidelines and Syllabus and that all the actuaries that will be recognised as attaining fully qualified status will be required to have successfully completed this programme.

To learn more about membership in the IAA, contact the IAA Secretariat.