18-03-19 1
IA|BE – General Assembly – 1 – 14/03/2019
Assemblée Générale Statutaire Statutaire Algemene Vergadering
IA|BE 14/03/2019
IA|BE – General Assembly – 2 – 14/03/2019 – 2 –
Assemble Gnrale Statutaire Statutaire Algemene Vergadering IA|BE - - PDF document
18-03-19 Assemble Gnrale Statutaire Statutaire Algemene Vergadering IA|BE 14/03/2019 IA|BE General Assembly 1 14/03/2019 1 Assemble Gnrale Statutaire - Statutaire Algemene Vergadering Jean-Franois Hannosset
IA|BE – General Assembly – 1 – 14/03/2019
IA|BE – General Assembly – 2 – 14/03/2019 – 2 –
IA|BE – General Assembly – 3 – 14/03/2019
Programme - Programma
Accueil - Nouveaux membres Jean-François Hannosset The Institute in 2018: Facts and Figures Frank Dausy Activiteitenverslag van de Comités 2018 Tom Mergaerts / Guy Roelandt / Philippe Demol Rapport du Secrétaire – Général Comptes Annuels 2018 Benoit Halbart Verslag van de Commissarissen Youssef Boudra & Stefaan Molders Approbation des comptes annuels 2018 Kwijting van het Bestuur en de Commissarissen voor 2018 Présentation et approbation du budget 2019 et de la cotisation 2019 Benoît Halbart
IA|BE – General Assembly – 4 – 14/03/2019
Programme - Programma
Kandidaturen voor de comités - Bekendmaking van de verkiezingsresultaten Frank Dausy Allocution de départ du Président sortant Jean-François Hannosset Courte présentation nouveau site web Frank Dausy In werking stellen van het nieuwe Bestuur – Allocution du nouveau Président Cocktail
IA|BE – General Assembly – 5 – 14/03/2019
IA|BE – General Assembly – 6 – 14/03/2019
IA|BE – General Assembly – 7 – 14/03/2019
IA|BE – General Assembly – 8 – 14/03/2019
# participants Reinsurance & Solvency II 45 ALM 35 Big Data 15 Risk Categories (5 modules) 17 Data driven Strategies 20 Risk Modelling & Aggregation (4 modules) 12 Market Risk & Hedging 23 Predictive Modelling 23
IA|BE – General Assembly – 9 – 14/03/2019
# participants Presentation by IA|BE Price winners :
39 Valuation of insurance companies 40 Counterparty Risk Modelling (3 modules) 11 ERM Concepts & Framework (2 modules) 25 Stochastic Models (4 modules) 21 IA|BE CHAIR : Methods of pooling mortality risk 20 AUTUMN SCHOOL : Reinsurance 42
IA|BE – General Assembly – 10 – 14/03/2019
# participants Seminar Bepla : Omzetting van de Richtlijnen Portability & IORP II Transposition des Directives Portability & IORP II 60
IA|BE – General Assembly – 11 – 14/03/2019
IA|BE – General Assembly – 12 – 14/03/2019
IA|BE – General Assembly – 13 – 14/03/2019
IA|BE – General Assembly – 14 – 14/03/2019
– 14 –
UCLouvain : 29 Other : 7 VUB: 2 KULeuven : 12 ULB : 12
IA|BE – General Assembly – 15 – 14/03/2019
Other : 48 KUL : 345 VUB : 135 ULB : 233 UCL : 313
29% 32% 22% 13% 4%
IA|BE – General Assembly – 16 – 14/03/2019
Ann Duchêne | Brigitte Loonbeek | Eveline Brisard | Jean-Claude De Pooter | Kim Everaert | Luc Temmerman | Mathieu Lambert | Véronique Wellemans | Vincent Guillaume
IA|BE – General Assembly – 17 – 14/03/2019
IA|BE – General Assembly – 17 – 13/03/2018
IA|BE – General Assembly – 18 – 14/03/2019
Katrien Antonio | Griselda Deelstra | Fabian de Bilderling | Philippe Demol | Michel Denuit | Pierre Devolder | Jan Dhaene | Luc Temmerman | Steven Vanduffel | Rob De Staelen | Gerda Elsen |Kim Everaert | Guillaume Gombert | Stijn Gryson | Aurélie Miller | LudovicTheate
IA|BE – General Assembly – 19 – 14/03/2019
– 19 –
Main focus on:
the 3 universities ( KU Leuven, UC Louvain and ULB)
IA|BE – General Assembly – 20 – 14/03/2019
– 20 –
IA|BE – General Assembly – 21 – 14/03/2019
Meetings : 05/02/2018 : 26/03/2018 ; 14/05/2018 ; 03/09/2018 ; 05/11/2018 ; 04/02/2019
IA|BE – General Assembly – 22 – 14/03/2019
– General Assembly – Board of Directors – Nominations Panel – Presidents Meeting – Committees
– Several positions – Information to the IA|BE members
– PDF of the magazine (03/2019)
– ORSA and ESAP3 – AAE Code of Professional Conduct – AAE new Core Syllabus
– IFRS 17, IORP2,…
– Lisbon 06>07/06/2019
IA|BE – General Assembly – 23 – 14/03/2019
– Solvency II WG – Non-Life WG – GDPR TF – IFRS17 WG – EAN ORSA TF
– Cash Flows TF – PEPP WG
AAE Discussion Paper
– Social Security Subcommittee (SSSC)
Methodology
– CRO Forum (16/11/2018) – Many WG – Insurance, Pensions & Risk Management joint meetings
– Consumer Protection WG – Roles of Actuaries TF – MRA (Mutual Recognition Agreement) Review TF – Actuarial Standards Subcommittee (ASSC)
– CPD TF – AAE Syllabus Governance TF
IA|BE – General Assembly – 24 – 14/03/2019
– Berlin 04>08/06/2018
– ISAP4 (International Standard of Actuarial Practice) – IAN100 (International Actuarial Note)
– Defined Benefit Pension Plan Funding and the Role of Actuaries
– Decarbonization
– Brussels 04>08/05/2020 (to be conf.)
– Sydney 04>08/04/2022
– Brussels in 2023
IA|BE – General Assembly – 25 – 14/03/2019
– SO1 – SO2 – SO3 – SO4 – SO5 – SO6
– “Influence” : Supranational Relationships – Assure : Promotion of the Profession – Advance : Development of Competence
IA|BE – General Assembly – 26 – 14/03/2019
IA|BE – General Assembly – 27 – 14/03/2019
– 27 – IA|BE – General Assembly – 28 – 14/03/2019
Year Profit / Loss Patrimonium 2011 31.113 734.331 2012 112.747 847.078 2013
770.654 2014 16.039 786.693 2015 101.186 887.879 2016 44.658 932.538
IA|BE – General Assembly – 28 –
2017 32.087 964.625
IA|BE – General Assembly – 29 – 14/03/2019
Income Costs Result
Member contributions 197.927 12.182 185.745 Sponsors 110.373 110.373 Job Advertising 26.154 26.154 Seminars & CPD & Summer School 111.965 51.772 60.193 Bourse des stages 18.050 2.888 15.162 Night of the Actuaries + Sponsors NOA 10.168 17.605
Actuarial House 16.974 64.033
Comm., WG, Award, Young members 12.542
General Assemblies 11.793
Operational costs + Bookkeeping + Inform. 34.573
Staff 237.405
Financial 1.290 1.042 248 Exceptional expenses 79.582
Provisions 24.810
TOTAL 492.901 550.227
– 29 – IA|BE – General Assembly – 30 – 14/03/2019
INCOME 2018 Budget Realised Difference Member contributions 197.325 197.927 + 602 Sponsors 127.500 110.373
Job Advertising 24.050 26.154 + 2.104 Seminars & CPD & Summer School 175.000 111.965
Bourse des Stages 18.225 18.050
Night of the Actuaries + Sponsors NOA 10.168 + 10.168 Actuarial House 15.000 16.974 + 1.974 Comm., WG, Award, Young Members General Assemblies Operational costs + Bookkeeping + Inform. Staff Income (long term) investments + Financ. 19.000 1.290
Provisions
576.100 492.901
IA|BE – General Assembly – 31 – 14/03/2019
OUTGO 2018 Budget Realised Difference Cotisations AAE / IAA 12.168 12.182 +14 Sponsors Job Advertising Seminars & CPD & Summer School 73.810 51.772
Bourse des stages 3.188 2.888
Night of the Actuaries + Sponsors NOA 17.605 +17.605 Actuarial House 64.460 64.033
Comm., WG, Award, Young Members 25.000 12.542
General Assemblies 15.000 11.793
Operational costs + Bookkeeping + Inform. 68.800 34.573
Staff 292.109 237.405
Outgo (long term) investments + Financ. 95.419 80.624
Provisions 24.810 +24.810 TOTAL 649.954 550.227
IA|BE – General Assembly – 32 – 14/03/2019
RESULT 2018 Budget Realised Difference INCOME 576.100 492.901
OUTGO 649.954 550.227
RESULT
+16.528
IA|BE – General Assembly – 33 – 14/03/2019
Assets Liabilities
Guarantee Office 10.000 Reserves BOY 964.625 Sicavs + Bonds 37.671 Loss 2018
Cash 979.597 Debts + provision + waiting accounts 148.146 Receivable + Waiting accounts 28.179
TOTAL 1.055.447 1.055.447
– 33 –
IA|BE – General Assembly – 34 – 14/03/2019
– 34 –
IA|BE – General Assembly – 35 – 14/03/2019
IA|BE – General Assembly – 36 – 14/03/2019
IA|BE – General Assembly – 37 – 14/03/2019
IA|BE – General Assembly – 38 – 14/03/2019
– 38 –
Type member 2018 2019 Member 215 € 220 € Young member (less than 3 years of membership) 100 € 110 € Retired member 100 € 110 € Member for Life 0 € 0 € Academic 0 € 0 €
IA|BE – General Assembly – 39 – 14/03/2019
– 39 –
IA|BE – General Assembly – 40 – 14/03/2019
Recurring Income Recurring Costs Result
Members contributions 208.450 12.215 196.235 Sponsors 120.000 120.000 Job Advertising 24.290 24.290 Seminars & CPD 140.000 67.150 72.850 Bourse des stages 18.050 2.890 15.160 Social events + Young members 8.000
Actuarial House 16.500 64.000
Comm., WG, Award, Young members 12.500
General Assemblies 14.000
Operational costs 36.320
Costs staff + consulting + new support 308.925
TOTAL 527.290 526.000 1.290
– 40 –
IA|BE – General Assembly – 41 – 14/03/2019
– 41 –
Investment Income Investment Costs Result
New initiatives 72.500
TOTAL 72.500
Total Income Total Costs Result
GLOBAL RESULT 527.290 598.500
IA|BE – General Assembly – 42 – 14/03/2019
– 42 –
IA|BE – General Assembly – 43 – 14/03/2019
– 43 – IA|BE – General Assembly – 44 – 14/03/2019
IA|BE – General Assembly – 45 – 14/03/2019
IA|BE – General Assembly – 46 – 14/03/2019
IA|BE – General Assembly – 47 – 14/03/2019
IA|BE – General Assembly – 48 – 14/03/2019
IA|BE – General Assembly – 49 – 14/03/2019
IA|BE – General Assembly – 50 – 14/03/2019
Date Number of voters Total * Wednesday 6 March 189 189 Thursday 7 March 56 245 Friday 8 March 19 264 Saturday 9 March 6 270 Sunday 10 March 8 278 * Monday 11 March 133 411 Tuesday 12 March 50 461 * Wednesday 13 March 106 567 * Thursday 14 March 81 648
IA|BE – General Assembly – 51 – 14/03/2019
Dutch speaking Young Member with most votes – Rob De Staelen French speaking Young Member with most votes – Félix Vandervorst
IA|BE – General Assembly – 52 – 14/03/2019
Dutch speaking Young Member with most votes – Rob De Staelen And 5 other Dutch speaking members French Speaking Young Member with most votes – Félix Vandervorst And 4 other French speaking members
IA|BE – General Assembly – 53 – 14/03/2019
Dutch speaking Young Member with most votes – Rob De Staelen And 5 other Dutch speaking members – Jean-Claude De Pooter – Jan De Roeck – Audrey Meganck – Erik Van Camp – Nicole Verheyen French speaking Young Member with most votes – Félix Vandervorst And 4 other French speaking members – Fabian de Bilderling – Philippe Demol – Bertrand Keyers – Laurent Serez
IA|BE – General Assembly – 54 – 14/03/2019
The 17 candidates for putting their name forward & Jean-Claude Debussche Benoit Halbart Jean-François Hannosset Tom Mergaerts Hélène Morsomme Guy Roelandt For their work as IA|BE Board Member
IA|BE – General Assembly – 55 – 14/03/2019
– 55 – IA|BE – General Assembly – 56 – 14/03/2019
– 56 –
IA|BE – General Assembly – 57 – 14/03/2019
– 57 – IA|BE – General Assembly – 58 – 14/03/2019
– 58 –
IA|BE – General Assembly – 59 – 14/03/2019 – 5 –