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INDIA ACTUARIES SHORTAGE
Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensionsThe finance ministry is set to update the Actuaries Act, 2006. This will expand actuarial science to include data science and risk manageme...- India needs more qualified actuaries, says IRDAI chairmanIndia's insurance sector faces a significant shortage of qualified actuaries. This talent gap is critical as risks from inflation, healthca...
- Is the UK still a viable destination for higher education despite inflation?While inflation can impact the cost of living and studying in the UK, one cannot discount the country's unparalleled quality of education a...
- Covid-19 homecare: Insured seek removal of Rs 20,000 capSince most patients have mild symptoms, a majority opt for home treatment. They are now finding their claims rejected or settled for a less...
- ‘20 years on, health insurance still an opportunity’Globally, money that has been coming in has been pension money. So, whether it is from funding or retirement planning perspective, these ar...
- Banking sector has capability to meet credit needs for 8% GDP growth: Rajnish Kumar, SBISBI credit cost should be brought down to anywhere between 1.2% and 1.5%.
- Cash crunch keeps 5 lakh CIL pensioners in lurchThe company’s pension and provident funds are managed by Coal Mines Provident Fund Organisation (CMPFO), a body which takes care of social ...
- MMI Holdings keen to raise insurance JV stake to 49%, says CEO Nicolaas Kruger"For us it is important to look at where we have got a competitive advantage and see what expertise we can export from India. We have to lo...
- IRDA to tighten criteria for appointment of actuariesTo enhance scrutiny in insurance business, IRDA is working on tightening the criterion for appointment of actuaries
- IRDA gives clean chit to LIC in transfer of profits caseInsurance Regulatory and Development Authority (IRDA) on Friday gave a clean chit to Life Insurance Corporation of India, the largest insur...
- Axa-Bharti in joint venture for art insurance in IndiaThe biz of art insurance will come to India, with French insurer Axa participating in a general insurance JV with Bharti. Sotheby's Art | W...
- Cos may face shortage of actuarial professionalsIndia Inc will face a severe shortage of actuarial and accounting professionals, even as the country plans to adopt International Financial...
- New model for insurers to reduce policy holders' riskRisk-based capital model gives a clear picture of the financial strength of the insurer and also allows for timely regulatory intervention.
- IRDA steps in to curb the shortfall of actuariesConcerned over the shortage of actuaries, Insurance Regulatory Development Authority (IRDA) has started a two-year course for training actu...
- Munjals close to deal with Ergo for life JVThe Munjals of the Hero Honda group are getting into the life insurance business and are close to finalising a partnership with German insu...
- How much is your life worth?Foreign investors’ valuation of ICICI Prudential at over $10 billion has raised the expectations of other existing and potential promoters.
- Gimme more: Sign-on pay hits 8 figuresAs India Inc scrambles for high-octane talent, top executives are demanding on-the-spot premiums.
- Insurance cos need shelter from attritionInsurers provide cover to everybody against weather, catastrophe, theft, and business loss, but there are two things they can’t insure them...
- SOX up, new hot jobs are hereTeachers, actuarial officers, SOX skills specialists etc. are today favourite with the headhunters.
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