REGISTRATION BROCHURE

Register Online: www.nzsa2010.co.nz

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The Conference Organising Committee kindly acknowledges the support of the following sponsors:

Acknowledgements

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I am delighted to invite you to the 17th Biennial Conference of the New Zealand Society of Actuaries.

The theme of the conference is ‘Sound Navigation – Uncharted Waters’ and my hope is that you will indeed join your colleagues and set sail on this journey, broaden your knowledge base and further enhance your professional development.

New Zealand is indeed moving into uncharted waters as we are driven by the strong currents of fiscal and regulative change with the Prudential Regulation of Insurers well advanced, the establishment of a Financial Markets Authority and the emergence of Enterprise Risk Management as a significant discipline for actuaries to embrace.

The Organising Committee has put together an excellent programme, generating a nice balance between technical papers and highly relevant external speakers.

We are a relatively small profession in New Zealand, and overseas attendees enjoy the comparative informality and camaraderie engendered at our conference. This is a great opportunity to freely interact with your fellow professionals, both from within New Zealand and from overseas.

Blenheim has been carefully selected for our conference venue for its sunshine, its serenity, its sweet potato and sauvignon (amongst others). It is centrally located and is ideal as a stepping stone for many of the tourism activities in the hinterland and further afield.

I look forward to an enlightening and energising few days and sincerely hope that you can ‘come aboard’.

Bernie HigginsPresidentNew Zealand Society of Actuaries

Organising CommitteeCharmaine Green Convenor

Marinda Dean

John Feyter

Ross Simmonds

Conference ManagerRachel Cook

Letter of Welcome from the President

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This year’s destination for the New Zealand Society of Actuaries Conference is an escape to the unspoilt hideaway of Marlborough - a stunning region of broad valleys, soaring mountains, vineyards and idyllic waterways, with a focus on peaceful relaxation and adventure in a scenic and diverse landscape, award-winning wine and produce, and superb regional cuisine.

Known for its relaxed lifestyle and abundance of premium wineries, Blenheim is situated in the heart of the Marlborough region. The town’s domestic airport and close proximity to Wellington make it a simple journey from all corners of New Zealand.

Also renowned for the stunning Marlborough Sounds and famous sauvignon blanc, Marlborough is a region of beauty, where water, wine and wilderness combine to create a relaxing escape.

Whether you are looking for adventure, craving some flavour, or want to sit back and relax - you’re going to love Marlborough!

Destination

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Conference Venue

Marlborough Convention Centre, BlenheimSet in the heart of Marlborough and the beautiful regional centre of Blenheim, on the banks of the Taylor River, the Marlborough Convention Centre boasts state of the art facilities offered in a relaxed and tranquil setting.

Sightseeing and Recreational ActivitiesNZSA Conference 2010 delegates coming to Blenheim for the Conference may like to complement their visit by experiencing one of the region’s many attractions and activities. For further information on Blenheim please visit: www.destinationmarlborough.com

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Mai ChenMai Chen LLB (Hons) Otago LLM (Harvard) (FNZIM) is a partner in Chen Palmer New Zealand Public Law Specialists, which won Best Public Law Firm in the New Zealand Law Awards for the 3 years it has been a category - 2007, 2008 and 2009.

Formerly a senior lecturer at Victoria University Law School, Mai has sat on the Securities Commission, the Advisory Board of AMP Life Limited (NZ), the New Zealand Advisory Board of New Zealand Trade and Enterprise’s Beachheads Programme, and the Asia New Zealand Foundation.

Mai currently chairs the New Zealand Global Women’s Advisory Board, a network of the most senior women leaders in this country and working overseas, is a member of the World Class New Zealand Network and President of the Harvard Law School Alumni Association (New Zealand).

She has written about 100 articles and contributions to books and books on public law.

Professionalism and ActuariesAs a profession, we have a high standard of professional conduct that we adhere to. This plenary session will cover issues concerning professionals in an increasingly regulated environment.

Kindly sponsored by

Allison MooneyAn international corporate speaker and presenter of vast experience, Allison first came to notice for outstanding customer service as Manager of Ansett Golden Wing (Auckland). Allison is a leading authority on Personality Plus, (a dynamic profiling system). Allison uses this program to build teamwork, customer service, and selling skills.

During her 12 year sojourn with both Ansett and managing Qantas’s First Class Lounge, Allison found herself in constant demand to share with others her gift at PEOPLE RELATING SKILLS, and soon began fronting seminars on this subject matter.

Pressing the Right ButtonsEver wondered why you instantly ‘click’ with some people you work with yet there are some who can rub you up the wrong way – sometimes before they even open their mouth!

We wish we could straighten out all those people – those very same people who want to straighten us out!

Regardless of where we work the common thread is that we all deal with people. Business transformation occurs when we understand, respect and celebrate each others’ differences. By understanding what motivates us, we find greater significance in who we are, meaning in our workplace, resulting in greater productivity.

Allison Mooney an international award winning humorous speaker will show us how to use the 4 Critical keys of influence effectively

• Workoutwhatmakespeopletick.• Speedreadotherstofindoutwhattheyreallywant.• Seethingsastheyseethem.(intheirshoes)• Communicateinawaythatmakespeoplewanttolisten• Knowwhatmakespeoplelovecomingtowork.

Kindly sponsored by

Invited Speakers

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Raewyn FoxRaewyn is the CEO of the New Zealand Federation of Family Budgeting Services Inc and has held this position for 10 years. Prior to that she managed a local budget service in Porirua for 13 years and was an active part of the Governance Structure of the Federation for the majority of this time.

Raewyn also works in the field of Consumer Representation and spent 6 years on the Governance Board of the Insurance and Savings Ombudsman Commission and 2 years on the Government Taskforce for the Regulation of Financial Intermediaries.

David MayDavid is Chairman of the New Zealand Superannuation Fund and a director of Southern Cross and the Government Superannuation Fund. He is an actuary and spent most of his working life with Colonial, in New Zealand, the U.K., Australia and Hong Kong. He was managing director of Colonial in New Zealand from 1995 to 2000 and the founding chief executive of Jacques Martin in the mid 80s.

Actuaries in Wider FieldsThe New Zealand Superannuation Fund has experienced a lot of change in the 8 years since it was set up in 2002. It has grown from $2 billion to $16 billion and endured the worst financial crisis in living memory.

David will talk about the lessons learned during that period, the way the fund has evolved and the challenges for a young and very transparent fund to retain its long term focus and realistically compete in the global investment market.

Kindly sponsored by

Invited Speakers

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Dr James RenwickJames leads NIWA’s main research programme on climate variability and change. He was a lead author on the IPCC 4th Assessment Report, in Working Group I (physical science), and has been selected for a similar role in the 5th Assessment Report. He is a member of the Royal Society of New Zealand (RSNZ) Climate Expert Panel, and is President of the New Zealand Association of Scientists. He has worked in the area of climate and atmospheric dynamics since the late 1970s, starting as a weather forecaster at the N.Z. Meteorological Service. His current interests include Southern Hemisphere climate variability and the impacts of large-scale climate variability and change on the New Zealand environment.

Dr Graeme SmartGraeme is a senior scientist at the New Zealand Institute of Water & Atmospheric Research (NIWA) and a consultant specialising in fluvial hazards. His first investigation was at age 13 when he followed an oil drum down the flooded main street of his home town in Taranaki. He subsequently obtained degrees in engineering, computer science and a hydrology PhD from Canterbury University. He has worked for the Swiss Federal Institute of Technology in Zurich, the Indonesian Ministry of Works, German and Swiss Government foreign aid programmes, and on flood mitigation in Malaysia. He has taught several university courses related to river hydraulics and hydrology and has advised state and private organisations in New Zealand on river hazards. His present research involves high-resolution computer models of flood hazard.

Climate Change and the Changing Risk of Climate and Weather ExtremesJames and Graeme will talk about climate change. James will begin with some of the general science and broad scale impacts, globally and for New Zealand. Graeme will focus on flooding, both internationally and locally (in terms of “anticipated flood disasters” ) and will touch on the Riskscape framework developed by NIWA and GNS Science.

Kindly sponsored by

Invited Speakers

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Programme

Sunday 21 November 201010.00am – 6.00pm Registration desk open

4.00pm – 5.00pm NZSA Annual General Meeting

5.30pm Farmers Market Welcome Function Marlborough Convention Centre Kindly sponsored by Hannover Life Re

Monday 22 November 20108.00am – 6.00pm Registration desk open

8.30am – 8.40am Conference Opening

8.40am – 10.00am Plenary Session Professionalism and Actuaries Mai Chen Kindly sponsored by Vero Liability Insurance

10.00am – 10.30am Morning Tea Kindly sponsored by Westpac

10.30am – 11.30am Concurrent Sessions

11.30am – 12.30am Concurrent Sessions

12.30pm – 1.30pm Lunch

1.30pm – 3.00pm Plenary Session Pressing the Right Buttons Allison Mooney Kindly sponsored by Ernst & Young

3.00pm – 3.30pm Afternoon Tea Kindly sponsored by Davies Financial & Actuarial

3.30pm – 4.30pm Concurrent Sessions

4.30pm – 5.30pm Concurrent Sessions

6.30pm Omaka Experience Omaka Aviation Heritage Centre Kindly sponsored by Melville Jessup Weaver

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Programme

Tuesday 23 November 20108.00am – 1.00pm Registration desk open

8.30am – 9.30am Plenary Session Actuaries in Wider Fields David May Kindly sponsored by IAG

9.30am – 10.00am Plenary Session Consider the Conditions Raewyn Fox

10.00am – 10.20am Morning Tea Kindly sponsored by Aon New Zealand

10.20am - 11.20am Concurrent Sessions

11.20am – 12.20pm Concurrent Sessions

12.20pm Lunch - a boxed lunch will be provided to all delegates

12.45pm Recreational Activities Bus departs the Marlborough Convention Centre to Picton for the following tours: - Lochmara Lodge - Marlborough Sounds Adventure Kayaking - Marlborough Sounds Adventure Mountain Biking

Buses for the following Blenheim-based tours will also depart the Marlborough Convention Centre:

- Wine Tour by Bike - Coached Wine Tour - Golf Kindly sponsored by Munich Reinsurance Group Australasia

7.30pm – Midnight Conference Dinner Montana Brancott Estate Winery Kindly sponsored by RGA Reinsurance Company of Australia Limited

Wednesday 24 November 20108.00am – 1.00pm Registration desk open

8.30am – 10.00am Plenary Session Climate Change and the Changing Risk of Climate and Weather Extremes James Renwick and Graeme Smart Kindly sponsored by Swiss Re Life & Health Australia Limited

10.00am – 11.00am Concurrent Sessions

11.00am – 12.30pm President’s Brunch Kindly sponsored by PriceWaterhouseCoopers

This programme is correct at the time of printing. Please check the website for programme updates www.nzsa2010.co.nz

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Cyber Cafe

Enjoy a cup of freshly brewed espresso coffee whilst checking your e-mails

Cafe opening times:Sunday 21 November 10.00am – 4.00pmMonday 22 November 8.00am – 3.30pmTuesday 23 November 8.00am – 12.30pmWednesday 24 November 8.00am – 8.30am

Sunday 21 November 2010Farmers Market Welcome Function

Delegates will enjoy samples of some of Marlborough’s finest producers Sherrington Cheese, Prenzels and Yealands Wine Estate before moving through to an informal dinner “Farmers Market Style”

Time: 5.30pm

Venue: Marlborough Convention Centre

Cost: One ticket is included in each full registration for both delegates and partners. As this is an inclusive function, for catering purposes, please indicate on the registration form if you wish to attend.

Additional tickets may be purchased for $68.50 incl GST (15%)

Please note that a cash bar will be in operation for this evening.

Dress: Casual

Social Programme

Kindly sponsored by

Deloitte

Kindly sponsored by

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Monday 22 November 2010Omaka Experience – Omaka Aviation Heritage Centre

Omaka Aviation Heritage Centre houses a display like no other and you don’t have to be an aviation buff to enjoy it! Human stories from the Great War come to life, captivating scenes depict the aircraft in context, some recreating actual incidents. The rare memorabilia is worthy of any national collection and ranges from beautifully crafted ‘trench art’ through to personal items belonging to the famous Red Baron himself.

During the evening you will have the opportunity to tour around this world class exhibit whilst enjoying food from the World War 1 era!

Time: 6.30pm – Coaches depart from Marlborough Convention Centre

Venue: Omaka Aviation Heritage Centre

Cost: One ticket is included in each full registration for both delegates and partners. As this is an inclusive function, for catering purposes, please indicate on the registration form if you wish to attend.

Additional tickets may be purchased for $57.50

Please note that a cash bar will be in operation for this evening.

Dress: Casual

Partners ProgrammeThe Marlborough Icons Tour Experience the Marlborough region and the Marlborough Sounds in one day on the Marlborough Icons Tour.

You will be collected from the Marlborough Convention Centre at 10.00am and the first stop is the private garden setting of Upton Oaks. These English-inspired gardens were developed around the restored 1911 Victorian villa. Brick walls, ponds, perennial borders, 17th century style knot garden divided into sections by colour and a rustic kitchen garden. Enjoy the relaxed, old world ambience.

You will then depart through to the Havelock Marina for lunch on the waterfront at the Slip Inn Cafe. In the afternoon cruise the tranquil Pelorus and Kenepuru Sounds, two of the main Sounds that make up the Marlborough Sounds. Take in all of the scenic and historical parts of the Sounds, learn the history of the Sounds and the people who have settled here. During the cruise we will visit a Greenshell mussel farm and learn how and why it grows so well here in the Sounds. Enjoy a local favourite, freshly steamed mussels matched to a glass of Marlborough Sauvignon, a fantastic wine and food experience in a beautiful part of Marlborough.

You will return to accommodation at approximately 5.00pm.

Social Programme

Kindly sponsored by

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Tuesday 23 November 2010Conference DinnerEnjoy a relaxed dinner with the company of colleagues and friends at one of Marlborough’s finest wineries.

Time 7.30pm until late

Venue Marlborough Brancott Estate Winery

Cost One ticket is included in each full registration for both delegates and partners. Although this is an inclusive function, for catering purposes please indicate on the registration form if you wish to attend.

Additional tickets may be purchased for $115.00

Dress Dress to celebrate

Recreational ActivitiesPlease note that maximum and minimum numbers do apply to these tours so tour bookings will be reconfirmed four weeks prior to the conference. Tours will leave promptly, so please be early; the finish times may vary slightly.

Picton ActivitiesTo give you the opportunity to make the most of your Marlborough experience, a bus to Picton will depart the Marlborough Convention Centre at 12.45pm, returning from Picton at 5.00pm (expected time of arrival in Blenheim is 5.30pm).

If you wish to visit Picton and enjoy the afternoon at your leisure you are able to book a seat on the bus for $25 per person. Alternatively please take advantage of the organised recreational activities below.

The following activities will be available to you in Picton:

Lochmara Lodge ExperienceEscape and experience the stunning Lochmara Lodge, a beautiful Wildlife Recovery and Arts Centre set in tranquil Queen Charlotte Sound. You will be delivered to Lochmara via watertaxi from the Picton drop off point and once there you can enjoy a bush walk around the property with information panels on the local flora and fauna, feed the Kakariki (NZ native parrot), take pleasure in free use of the kayaks and of course their fully licensed cafe for local wines, snacks and good coffee while wandering the Art gallery.

For those with time-out in mind, bask in a massage or beauty therapy treatment at the Bath House; Lochmara’s very own blissful escape for relaxation and indulgence. The two room suite offers luxurious and therapeutic treatments for men and women in a peaceful purpose-built building overlooking the bay.

The water taxi back to Picton will depart at 4.30pm to meet the bus back to Blenheim. Cost includes water taxi to Lochmara and return and transport from Blenheim to Picton and return.

Cost (adult) $65.00Cost (child) $45.00Cost (preschooler) $25.00

Marlborough Sounds Adventure Guided KayakingEnjoy an afternoon exploring the gorgeous Marlborough Sounds by kayak, assisted by experienced guides who will be with you every step of the way. Paddle along the northern shore of the harbour and across to Wedge Point and the southern shores of the Grove Arm. The sheltered bays, sandy beaches and holiday homes that surround this area provide a picturesque afternoon paddle. After a refreshments stop, you will paddle to Ngakuta Bay where you will finish your afternoon and be escourted back to Picton to meet the bus. Cost includes guides, equipment, refreshments and transport from Blenheim to Picton and return. Minimum number of participants is two, maximum number of participants is 32.

Cost $100.00 per person

Social Programme

Kindly sponsored by

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Marlborough Sounds Adventure Guided Mountain BikingFor those seeking a thrill or two, join in this fantastic tour which takes you via watertaxi to Waterfall Bay, where you will join the Queen Charlotte Track and spend the afternoon riding around the eastern side of Onahau Bay. The views are stunning and the ride exhilarating! Please note that for this trip you will require a reasonable level of mountain biking skill and fitness to enjoy it fully.

Price includes watertaxi to Waterfall Bay and return, guide, bike hire, Land Coop Pass for the Queen Charlotte Track and transport from Blenheim to Picton and return. Minimum number of participants is six, maximum number of participants is 12.

Cost $150.00 per person

Blenheim ActivitiesBuses for each of the following Blenheim-based activities will depart the Marlborough Convention Centre at 12.45pm, returning by 5.00pm

Coached Wine TourWith over 100 wine making companies, Marlborough is the largest wine region in New Zealand. Add to this, food producers, olive groves, café and restaurants galore and Marlborough really is the gourmet province. This is a fantastic opportunity to experience the very best of Marlborough. Visit four fabulous Marlborough wineries for tasting. Start with the latest boutique winery of Mahi, a producer of stunning wines, for a tasting of the range. Visit Marlborough’s aromatics specialist with a visit to Framingham wines, a winery renowned for its trio of Rieslings. Visit Hunters wines, one of the oldest boutique wineries established in Marlborough and still owned and operated by Jane Hunter. Taste wines and home-made preserves at Saint Clair wine estate, one of the most awarded wineries in Marlborough. Finish the day with a visit to Makana Chocolates for a tasting of divine hand-made chocolates. Minimum number of participants is 10.

Cost $65.00 per person

Wine Tours by BikeBask in sunny Marlborough and explore some of the regions top wineries by bike! The route will be planned on the day to take into account individual abilities and preferences. Travel at your own pace and visit such establishments as Villa Maria, Highfield, River Farm and Fromm on the lovely (flat) roads of beautiful Blenheim. Maximum number of participants for this tour is 30.

Cost (adult) $42.00Cost (child) $30.00

GolfJoin our sponsors Munich Re for an afternoon at the Marlborough Golf Club, located in Fairhall, Blenheim. With a brand new club house opened last year, you will have the perfect place to unwind after a challenging round of golf with your colleagues. A minimum of 10 people are required for golf.

Cost (Registered NZ Players) $50.00 (ID required)Cost (Non-registered Players) $60.00

Motorised carts $30.00 eachClubs and trundler $25.00 per set (Powerbilt clubs or similar)

Social Programme

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Early Bird (Inc GST 12.5%) Standard (Inc GST 15%)

Up to Thursday 30 September From 1 October

Full registration $940 $1020Partner registration $480 $480Retired Actuary $480 $480

Full registration fee includes:•AttendanceatallConferencebusinesssessions•Satchelandcontents•Morningandafternoonteas•Lunches•FarmersMarketWelcomeFunction•OmakaExperience•ConferenceDinner•President’sBrunch

Partner registration fee includes:•Morningandafternoonteas•Lunches•FarmersMarketWelcomeFunction•OmakaExperience•Partners’DayTour•ConferenceDinner•President’sBrunch

Register Online You are able to register for the New Zealand Society of Actuaries Conference online via the Conference website www.nzsa2010.co.nz. On submission of your registration an automatic summary is sent and a tax invoice will be posted to you within seven days. Amendment or updates can be made until one month prior to Conference.

Payment can be made online by requesting an invoice or posting a cheque along with your full name and contact details to the Conference Managers or by Visa or MasterCard (please note this is a secure site). If you are having trouble registering online, please contact Kerin Houston at Conference Innovators (Conference Managers) on 03 379 0390 or registration@conference.co.nz and she will be more than happy to assist you.

Register by Fax or Post Complete the registration form in this brochure and keep a copy for your records. Your registration fee must accompany the completed registration form. Payment can be made by cheque, direct debit, Visa or MasterCard. Completed registration forms and fees should be sent to the Conference Managers. A letter of confirmation and a tax invoice will be sent upon receipt of your form and fees.

CancellationsShould you need to cancel your registration, you may reassign your registration to another person. Please notify the Conference Managers in writing.

If you are unable to arrange a replacement, a full refund less an administration charges of NZ$100 will be made providing notification is received by Friday 22 October 2010. After this date refunds will be at the discretion of the Organising Committee.

If, for reasons beyond the control of the Organising Committee, the Conference is cancelled, registration fees will be refunded after deduction of expenses already incurred.

Registration Fees

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Please note that all prices are per room, per night and are inclusive of 15% GST

Chateau MarlboroughCnr High and Henry Streets, Blenheim

Chateau Marlborough, Marlborough’s premier boutique accommodation, centrally located overlooking Seymour Square Gardens, prides itself on offering guests luxury accommodation with an enviable attention to detail - and all just a two minute easy walk from Blenheim’s town centre.

Deluxe Studio Suite $183.75Grande Studio Suite $219.00One Bedroom Grande Apartment $262.00

Check in time 2.00pmCheck out time 10.00am

www.marlboroughnz.co.nz

Heartland Hotel MarlboroughCnr Albert and Henry Streets, Blenheim

Heartland Hotel Marlborough is just a few minutes walk from the city centre and the 2010 Conference Venue.

Standard King Room Single/twin/double $138.00

Check in time: 2.00pm Check out time: 10.00am

www.scenichotelgroup.co.nz

Copthorne Hotel Marlborough20 Nelson Street, Blenheim

Copthorne Hotel Marlborough is just a five minute riverside walk to the 2010 Conference Venue and Town Centre.

Standard Room Single/twin/double $169.00

Check in time: 2.00pm Check out time: 10.00am

www.marlboroughhotel.co.nz

Lugano Motor Lodge91 High Street, Blenheim

Located directly opposite Seymour Square and a two minute walk to the 2010 Conference Venue and Town Centre.

Studio Unit $140.00One Bedroom Unit $155.00Executive Studio Unit $160.00Executive One Bedroom Unit $160.00Family 2 Bedroom Unit $160.00

Check in time: 2.00pm Check out time: 10.00am

www.lugano.co.nz

Accommodation

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The Conference has secured a block booking at each of the listed hotels. Rooms will be allocated on a first in basis until Friday 22 October 2010 as long as there are rooms available. After that date all unallocated rooms will be released and no guarantee can be made that rooms will be available.

Bookings should be made either as part of the on-line registration process or on the registration form and faxed or posted to the Conference Managers.

Accommodation booked must be guaranteed with a credit card number. The credit card will be used as a guarantee only and no charges will be debited prior to check-out. Cancellation fees may apply anytime within the month prior to Conference.

On check-out your accommodation costs can be settled with cash, eftpos or credit card. If you wish to charge back your accommodation to your company this can be done at check-out as long as your company has made an arrangement directly with the hotel concerned.

Please advise the Conference Managers of any change to a reservation rather than contacting the hotel itself.

Accommodation

A Chateau Marlborough

B Heartland Hotel Marlborough

C Copthorne Hotel Marlborough

D Lugano Motor Lodge

E Marlborough Convention Centre

A

B

D

C

E

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At the ConferenceYour Conference pack will be available for collection from the Registration desk located in the pre-function area in the Convention Centre. The desk will be open at the following times:

Sunday 21 November 10.00am – 6.00pmMonday 22 November 8.00am – 6.00pmTuesday 23 November 8.00am – 2.00pmWednesday 24 November 8.00am – 1.00pm

Special RequirementsPlease give details of any special diet or disability assistance required on your registration form.

General Information

If you have any queries about the conference please contact the Conference Managers:

Rachel CookConference Innovators LtdPO Box 7191Christchurch 8240

Tel: +64 3 379 0390Fax: +64 3 379 0460

Email: rachel@conference.co.nz

www.nzsa2010.co.nz