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…)
Insurance companies that plan to introduce new products in India will soon need the approval of a panel of actuaries before they can sell them to the public.
The Insurance Regulatory and Development Authority of India (Irdai) said in a circular that the panel of actuaries to be employed by insurers should (more…)
Insurance regulator Irda has proposed changes in the 16-year old regulations regarding Appointed Actuaries by modifying framework for their appointment and functions.
“Based on the experience gained, since the last amendment effected in the year 2013, the Authority felt that there is a need to amend the IRDA (Appointed Actuary), Regulations, 2000,”
There has been a lot of confusion around regarding ACET. You all know that course has changed and you also know the course but as it seems to me, the biggest problem is about books. People are looking around asking everyone if that is available?
We worked hard to find out some (more…)