IAA and CIA Participate in Discussions
with Russian Representative
A delegation from the International Actuarial Association (IAA) and the Canadian Institute of Actuaries (CIA), a Full Member Association of the IAA, met with the Deputy of the State Duma of the Russian Federation, Boris Kashin, in Ottawa on 25 February 2014. Mr. Kashin was influential in the recent adoption of a general law for actuarial services in the Russian financial market, the subject of a recent IAA press release.
The delegation included Nicole Séguin, IAA Executive Director, A. David Pelletier, Chair of the IAA Actuarial Standards Committee and former Chair of the Actuarial Standards Board (Canada), and current CIA President, Jacques Lafrance.
From left to right: Jacques Lafrance, Boris Kashin, Nicole Séguin, A. David Pelletier
The IAA presented on its mission, strategy and programs and provided an overview of the global actuarial profession. The development of International Standards of Actuarial Practice and the role of actuaries in the financial services industry, the area of social protection and the management of risk, were also outlined.
The CIA presentation featured an orientation of its mission and programs and detailed information of the actuarial profession in Canada, as well as a debrief of the process for the adoption of actuarial standards in Canada.
Mr. Kashin found the presentations very helpful and was grateful for this insight into the actuarial profession, both at the international and national levels, and confirmed that this information will be helpful in the development of the actuarial profession in Russia.
This activity contributes towards achieving the IAA’s strategic objective to assist existing member associations to continue their development.
To learn more, please contact the Secretariat.