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 …
As we are aware that the IAI originally planned November 2020 examination through Home Based Online Format from 19th November 2020 to 28th November 2020. On the request received of students to keep one exam in a single time slot, IAI has been decided to …
The group will examine the need for index-linked products in India with reference to availability of various indexes and how it will better serve the needs and interests of customers relative to traditional savings products.
One of the Research working parties for IFoA, Programming for Actuarial work has launched a manual using Github. The party is headed by Georgios Bakoloukas. It is believed that the IFoA, has first time came up with a git repository This git repository hosts the …
In our series to interview actuarial professionals with varied achievements, this time we got a chance to bring onboard Miss Tanvi Doshi, who has managed to clear all her exams just at the age of 23, all in the first attempt. Currently working as Senior …
ICAT, IFoA: COVID 19 has affected us in all the ways that we couldn’t even imagine. With the global activities coming to a halt altogether due to the pandemic, it has affected different nations in different manners. All the industries, be it Aviation, Supply Chain …
What is the role of Actuaries in Life Insurance domain? This is a question that every Actuarial aspirant tries to find an answer to, before applying to Life Insurance Actuarial Job openings. While they may have an overall idea of what Actuaries do in general, …
IFOA has announced online exams in September 2020 with a change in pattern in almost every exam. The introduction of open book and plagiarism has created a lot of panic between students. The purpose of this article is not to provide any further insights or …
Institute of Actuaries of India: September 2020 IAI Exams were initially scheduled from 29th September 2020 to 9th October 2020. But now it has rescheduled to conduct IAI exams from 19th November 2020 to 28th November 2020 in Home based Online format. Timetable for the …
The older subject CT7 (Business Economics) has been transferred to CB2 (Business Economics) subject under the new curriculum of IFoA and IAI (after 2019). It is an exam that gives you an idea of how the world of economics works. It teaches us how economic …
The actuarial profession is evolving as we speak, not only in terms of business volumes but also in terms of product innovations. In actuarial terms, the exponential rise in the diversity and complexity of actuarial services is an “undemanding assumption”. Hence, there is a requirement …
Loops in Python are used to execute a block of code iteratively for a number of times or until the list is exhaustive. But sometimes, in this form of execution, we require some exceptions like skipping an iteration, coming out of the loop when a …
As we all know that IFoA has announced that all the Actuarial exams will be delivered online for the September 2020 session, there is a wave of confusion amongst the exam takers. The Open Book examinations of IFoA attract a lot of curiosity as the …