The COVID-19 Actuaries Response Group provides you with a regular Friday update with a curated list of the key papers and articles that they have looked at recently. Follow them here on Twitter. The latest update on England admissions and deaths sees the 7 days …
New Delhi: EY Actuarial Services, Milliman Advisors and Willis Towers Watson actuarial advisory are in the race for being appointed as the actuarial firm for the process of public listing of Life Insurance Corporation of India. The firms have made presentations to the government on Thursday, following which financial …
Indian Actuarial market has a remarkably high supply of young actuarial professionals, but the same can’t be said for it’s demand. Even after trying for many months, many freshers do not get an actuarial role for which they have studied day and night.
Mr. Sabyasachi Das, a Fellow Actuary, once heard a debate between a Regulator and a Technologist around Bitcoin. While both made perfect sense in their own worlds, he thought there was simply no bridge between the two. While following Bitcoins for a couple of years, …
We know of Marie Curie, the first Woman to win a Nobel Prize in Physics with remarkable achievements in the field of science. However, the unknown fact that since 1903 only 53 women have won this award and among them, only 20 women have won …
Blockchain technology is one of the fastest growing record-keeping technologies. The most popular, Bitcoin Network, is a type of blockchain. The first definition that you can find out on Blockchain is that it is a “distributed, decentralized, public ledger.” Blockchain is a simple technology that …
The section of financial market, where instruments that have a short term and are highly liquid are traded is called Money Market. It has generally a maturity period of less than one year. The money market contributes to the economic stability and development of a …
SEATTLE, Nov. 2, 2020 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, announced that it will begin operations in Sri Lanka after an agreement to acquire Colombo-based Spark Actuarial Private Limited came into effect today. The new Milliman office will support local and international clients with the …
How do Academy awards occur? Are the winners really a secret? What are the biases of the Academy towards nominees and winners? Do older or younger actors who have already won awards have a better chance to win an Oscar? Do famous movies have higher chances …
“All of life is the management of risk, not its elimination” -Warren Buffet As risk is an indispensable part of any business undertaking, it transpires that risk management is also an essential role of any business leader. Traditionally, a functional leader managed all the risks …
Do you think you could have predicted who will survive the crash before it actually happened? With the saddest story of a century, people are using the data to predict and analyze various things like what led to survival or death. Sometimes, data helps understand …
IRDA micro-insurance Regulations, 2005 defines microinsurance as a general or life insurance policy with a sum assured of Rs 50,000 or less. In other words, micro-insurance aims to provide financial protection to low-income families those with an approximate income less than Rs. 250 per day. …
Telematics is the combination of words, “telecommunications” & “informatics” . When this term is used in Insurance, it is called “Telematics Insurance”. Telematics in insurance works by fitting your car with a small device – commonly known as a ‘black box’. This records speed patterns and …
This is continuation of the climate change: An Actuarial Perspective article. To read the first part kindly click on the link. In this article, we will get to know about the financial instrument that are there in the market to mitigate the risks of climate …
Climate change is the global phenomenon of climate transformation resulting in large scale implications in our weather pattern. Melting of glaciers, rise in sea level, insect outbreaks, wildfires, experiencing monsoons during summer season are some of the adverse impacts of climate change. We have changed …