If you haven’t read our first article; Insurtech Part 1 – What is Insurtech and Reason of Growth. We highly recommend to read that first before reading part 2; Insurtech Part 2: How Insurtech is reshaping the global insurance market For knowing how the startups …
How convexity and duration are used to solve real business problems. But before moving to that let’s first understand what convexity and duration actually is! Duration (or modified duration) is a linear measure (or 1st derivative) of how the price of a bond changes in response to …
In this article, as Insurtech Part 1, the author is going to give you an Introduction of What is Insurtech? & Why it has seen an explosive growth? The case studies will follow soon.
Right from the day all of us started studying the life insurance domain in the actuarial industry, we have all been fed the concept of actuarial reserving which forms the foundation of the insurance industry. Ever wondered, who was the genius mind who would have …
Introduction to Role of Actuaries in Pensions Actuaries are skilled professionals expert in dealing with matters like setting up premium prices for Insurance Companies, forecasting future claims and unforeseen liabilities that may arise and setting aside a pool of money to be utilized in case of …
Actuaries in General Insurance Actuaries play a critical role in the Insurance Industry. From performing and assisting in all major core functions of an Insurance Company like pricing of products, reserving for contingencies , complying with regulations set up by the regulator , maintaining solvency …