Economics [經濟學] is a funny subject. They have a lot of theories which make a lot of sense (especially for logical thinkers like us actuaries). For example, when the price of something increases (lets say a movie ticket), you generally would spend less on it. …
This week is about hedging in the insurance industry. However, since the topic is quite technical, I’ve asked for the help of @actuariallyme with this. Thank you! There are many risks that an insurer needs to hedge, such as interest rate risk, underwriting risk, equity …
I know its not a Saturday today, but since a lot of people have recently received bonuses [花紅], I’m getting a lot of questions about whether you should change jobs [轉工]. Given the urgency, I think it’s a good time to just tell you about …
Its been a bit over a year since the WHO [世衛] declared covid-19 [新冠肺炎] a pandemic [大流行病]. Lets explore the impacts on General Insurance [非人壽保險]. As this topic is very international, I’ve asked for the input of @inspiring_actuaries with this post. Do check her page …
The topic today wraps a few blogs together into something that most of you won’t even think about for maybe 20 – 30 years. That is pensions [退休金]! Pensions can be broadly split into Defined Contribution [定額供款] (DC) and Defined Benefits [設定利益] (DB) – and …
Recently I spoke to a friend who told me her sales department [銷售部門] employees do not get paid any commission [佣金]. This is very uncommon and the apparent reason was that the company does not want to stress the employees too much that they would …
Firstly, I would like to thank all of you for DMing [直接訊息] me questions. I might not be able to answer questions that are personal to you, but I always think it helps to discuss your concerns [顧慮] or thoughts [想法] out to someone as …
As a quick follow up last week’s post, perhaps even a contradiction [矛盾] in some ways, I would like to add that coding is very important to an actuary’s skillset. You might think that you can leave coding to programmers [程序員], but actually that would …
Name of the course: B.COM (HONOURS) IN ACTUARIAL SCIENCE FROM DSACTED College: Nagindas Khandwala College (Autonomous), Malad, Mumbai, Maharashtra. This college is one of the few colleges in Mumbai that offers Bachelors in Actuarial Science affiliated with the University of Mumbai. Coaching Institute name: DS …
Annuities [年金] are something which the Hong Kong government [香港政府] would like everyone to purchase. To understand why the government would want us to buy this, lets take a look at what they are. To put it very simply, annuities are a way for people …
Risk management is an integral part of the actuarial profession. So it’s very important for actuarial students to understand the process of risk management. In this article, I would explain the process of risk management in simple terms that can be easily understood by all …
Let’s forget about 2020, Shall we? We didn’t also wish you New Year as we were busy in our work to make TAC a better place. We are hopeful to succeed in this as we present you with a few new features to the newest …
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 …