Innovating Actuarial Science
Everything about insurance!
Recently, Institute of Actuaries of India (IAI) conducted its first ever classroom training program on Health Insurance industry by the name of “Health Insurance – Product Design and Pricing Training”. The purpose of writing...
AND is a significant word here. I’m really not talking about the ‘In Insurance’. If it is “in” we already have Lemonade, you know Lemonade, right? No? okay, here is the article by The...
Insurance companies will soon be required to have their new policies examined by a panel of actuaries before they hit the market. This will be in addition to an initial round of screening of...
Insurance regulator Irda has proposed changes in the 16-year old regulations regarding Appointed Actuaries by modifying framework for their appointment and functions. “Based on the experience gained, since the last amendment effected in the...
The new standards and guidance are due to take effect from 1 July 2017, and will replace outdated material including Guidance Notes and the current technical actuarial standards (TAS). These new principles are intended...
Should property-casualty actuarial science be considered an engineering specialty whether Actuarial Engineering is possible? Thanks to the Internet of Things (IoT) revolution, there are compelling reasons to consider aligning ourselves with engineers. According to...
The U.S. Insurance industry is the world’s largest insurance market where 6,118 companies, employing 2.5 million people, have net annual premiums of $1.1 trillion. Yet, despite its size and overall financial health, the...
Hi! We launched our Android app some time ago and and found out that yes, it is necessary to go appy! Thou, the downloads aren’t million just 500, but we don’t want only to...
The Summary is completely based on research paper by Martin Eling & Jan Hendrik Wirfs. I read the paper so I summarized it and you’ll find examples with Youtube videos(wherever possible) so as to make sure...
The infrastructure, the users, and the services offered on computer networks today are all subject to a wide variety of risks posed by threats that include distributed denial of service attacks, intrusions of various...
In our previous article titled “What is the reality of the Chief Data Officer role within the insurance sector?”, we were joined by leading Chief Data Officers and Chief Analytics Officers who provided their...
The Institute and Faculty of Actuaries (IFoA) has played an active role in informing the EU Referendum debate. Derek Cribb, Chief Executive of the IFoA, comments on the resulting Leave vote. In a...
A brief intro of Brexit- British withdrawal from the European Union, often shortened to Brexit (a portmanteau of “British” or “Britain” and “exit”), is a political goal that was pursued by various individuals, advocacy groups, and...
People they there is nothing except Insurance. I’ve always dreamt of making it more than that, doing more than insurance and pensions. This is exactly complementary to my article on Insurance & Entrepreneurship. A must...
The Insurance Regulatory and Development Authority of India (IRDAI) has tightened norms relating to Appointed Actuaries (AA) in insurance companies. If there is no appointed actuary, the regulator will not approve new products. “If...
