Institute of Actuaries of India (IAI) is a statutory body established under The Actuaries Act 2006 (35 of 2006) for regulation and development of profession of Actuaries in India. Actuarial …
AXA XL, the Property & Casualty and Specialty Risk division of AXA, has developed an innovative insurance solution for Hoyos Integrity Corporation (Hoyos) to launch the world’s most secure digital “Hot” wallet.
PRNewswire/ — Autumn marks the start of migration season for many species, which can lead to more encounters between drivers and animals on roadways. Farmers Insurance® reveals 36% of Comprehensive auto …
the nation’s leading online insurance marketplace, announced the opening of a second headquarters in Durham, North Carolina. The first headquarters is in the Flatiron District, the largest tech hub in New York City.
As the national debate over addressing “surprise billing” of patients continues to unfold, the American Academy of Actuaries is offering an objective actuarial perspective on the financial consequences and considerations involved in proposed public policy solutions to the problem in a new issue brief.
PRNewswire/ — Markel Corporation (NYSE: MKL) today announced the launch of Lodgepine Capital Management Limited, its new retrocessional Insurance Linked Securities (ILS) fund manager in Bermuda, together with a reinsurance …
Members are reminded that the 2019/2020 subscription fee will become due for payment on 1 October and should be paid by 31 October to avoid any late payment fees.
Clearing CB1 (formerly CT2) is not as hard as it looks. Business Finance provides the theory and application of corporate finance as well as the main elements of companies’ financial …
Pioneer Underwriters, the underwriting group within Minova Insurance Holdings Ltd, has named Hazel Beveridge as Chief Actuary.
SLOPE’s user-friendly interface attracts Principal and Chief Data Scientist from the Actuarial & Analytics Consortium to choose the platform as her consulting firm’s official modeling software.
Karen is an accomplished insurance industry leader who brings more than 25 years of actuarial, finance and product management experience to CNO,” said Bhojwani. “As CNO continues to execute against our strategic priorities to grow the franchise profitably and launch new products and services, Karen will bring significant technical expertise and consumer-focused product experience to our management team.
WASHINGTON and ARLINGTON, Va. and SCHAUMBURG, Ill. and OTTAWA, Aug. 29, 2019 (GLOBE NEWSWIRE) — Organizations representing the actuarial professions in Canada and the United States have updated the Actuaries …
A new graduation course has just been launched by University of Mumbai which is very promising for an Actuarial student! Mumbai University has a course for Actuaries and Finance enthusiasts, …
Data Science, isn’t that something we hear now in our daily life and personally do not understand where we can use it to accelerate our work. The work of an …
This is a short summary explaining Industry Loss Warranties (ILWs). ILW is explained in detailed in Actuarial SP7 subject (formerly ST7). Definition of ILW Industry loss warranties (ILWs) are a type of reinsurance contract where the basis of cover is not indemnity, i.e. repayment of actual losses suffered. Protection is based on the total loss arising from an event to the entire insurance industry rather than individual insured company’s own losses. Trigger Event for ILWs The original size of the industry loss is used as a trigger for eligibility to a recovery. …