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 …
The International Accounting Standards Board (IASB) published IFRS 17 on 18 May, which is designed to achieve the goal of a consistent, principle-based accounting for insurance contracts. The new Standard …
Father of Actuarial Science: William Morgan. We who call ourselves actuaries owe so much to this legend William Morgan who was born in 25th May 1750 in Bridgend, Wales. William …
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 …
Actuarial Failure. Can you tell me one successful person, who got successful without facing failure in life? If everyone fails, will that be considered as failure or step in learning. …
IFoA can grant exemptions from some of your exams if you have passed Institute of Actuaries of India exams Students will have until 31 December 2023 to claim any exemptions …
A few days before, in my organisation, I was given the task to collect CVs’ from the individuals who are interested in an internship opportunity. Without any wonder, I received …
The first question occur to mind what is granualarity and how is it that important for a General Insurance business? Breaking down Granularity Granularity is subdivision. If the business is …
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. …
We get a lot of questions to tell you about the Interview Questions those are asked in General Interviews if you have applied for internships or jobs in Actuarial companies …
What are Latent Claims? Latent Claims derive from the perils that were unforseen when the Insurer wrote the policy and is applied to claims that become known about some years …
The primary aim is to assess the profitability and financial strength of an Insurance company from its accounts. The key Actuarial terms and values to consider are: Underwriting Profit (Revenue …