Last month was really an interesting month. The news were great for Actuary and our stats were also nice, many impressions, views, visits and many new users (Actuarial Students/ Actuaries) registered with us.
Well, the actual reason is, We started providing job details in our forums. While the forums were for discussion (more…)
AND is a significant word here. I’m really not talking about the ‘In Insurance’. If it is “in” we already have Lemonade, you know Lemonade, right? No? okay, here is the article by The Guardian to let you know about how they are using AI to process the claims. 1 claim (more…)
Insurance companies will soon be required to have their new policies examined by a panel of actuaries before they hit the market. This will be in addition to an initial round of screening of the policies which is undertaken by the insurance regulator.
In a circular the Insurance Regulatory and Development Authority (more…)
Should property-casualty actuarial science be considered an engineering specialty whether Actuarial Engineering is possible? Thanks to the Internet of Things (IoT) revolution, there are compelling reasons to consider aligning ourselves with engineers. According to Wikipedia, the Internet of (more…)
The U.S. Insurance industry is the world’s largest insurance market where 6,118 companies, employing 2.5 million people, have net annual premiums of $1.1 trillion. Yet, despite its size and overall financial health, the insurance industry is likely to experience profound change driven by a fast growing and ubiquitous force – The (more…)
We launched our Android app some time ago and and found out that yes, it is necessary to go appy! Thou, the downloads aren’t million just 500, but we don’t want only to keep expressing our views and make it a one sided journey.
What if we both get along with each another (more…)
One of the most glaring and surprising consistencies I’ve seen among entry level actuarial candidates, even some with actuarial degrees, is that they generally have no clue what actuaries do and have an even worse understanding of the business of insurance. If you’re able to speak confidently (more…)
British withdrawal from the European Union, often shortened to Brexit (a portmanteau of “British” or “Britain” and “exit”), is a political goal that was pursued by various individuals, advocacy groups, and political parties since the United Kingdom (UK) joined the precursor of the European Union (EU) in 1973. Withdrawal (more…)
With the Insurance Laws (Amendment) Act, 2015, in place, foreign insurance companies have started to increase their stake in India. This puts focus on valuations and factors that drive valuations. Richard Holloway, managing director, South East Asia and India, life, Milliman Inc., and Sanket Kawatkar, principal and consulting actuary, life insurance (more…)
Thanks to our last article Actuary is fourth most misunderstood job! we had great views on our site, Our site is named “Insurology” that means Insurance and Technology. I was wondering when I had each and every article of knowledge giving, why only the last article went up with such high stats? (more…)