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ACTUARIAL FIRM
New shareholders’ fund boosted PSU’s embedded value nearly 5xLIC’s embedded value (EV) jumped to nearly Rs 5.4 lakh crore in September 2021. This was more than five times higher from the Rs 95,605-cro...14 Feb, 2022, 07.28 AM IST- Govt files draft papers with Sebi for LIC IPOPreparations done and all the loose ends have been tied up, the sources said, adding that DRHP can be filed either on Monday or Tuesday.13 Feb, 2022, 08.00 PM IST
- CCEA clears LIC disinvestment; panel headed by FM to decide quantum of stake saleThe Budget amendments to the LIC Act has been notified and the actuarial firm is expected to finalise the embedded value of the life insure...12 Jul, 2021, 09.12 PM IST
- LIC IPO: Govt likely to invite bids from merchant bankers this monthThe government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to lau...04 Jul, 2021, 02.20 PM IST
- FinMin appoints Milliman Advisors for valuing LIC pre-IPOThe firm was chosen from three in the race including EY Actuarial Services and Willis Towers Watson Actuarial Advisory.01 Jan, 2021, 08.40 AM IST
- 3 firms in race to be actuarial for LIC IPOEY Actuarial Services, Milliman Advisors and Willis Towers Watson actuarial advisory are in race for being appointed as the actuarial firm ...18 Dec, 2020, 09.05 AM IST
- LIC IPO: EY, Milliman and Willis Towers Watson in race for actuarial firm appointmentThe firms have made presentations to the government on Thursday, following which financial bids have been opened.17 Dec, 2020, 10.40 PM IST
- LIC IPO: Dipam extends deadline for bids to appoint actuarial firmTaking the next step towards the public listing of the country’s largest public insurer, the Department of Investment and Public Asset Mana...07 Dec, 2020, 06.48 PM IST
- FinMin invites bids from actuarial firms for valuing LIC ahead of IPOIn the bid notice, the Department of Investment and Public Asset Management (DIPAM) said LIC needs to develop an Indian Embedded Value (IEV...17 Nov, 2020, 07.10 AM IST
- LIC IPO may spill over to next fiscalDIPAM Secretary Tuhin Kanta Pandey said the pre-IPO work of LIC is going on at four stages and only after the four stages converge, then a ...25 Oct, 2020, 10.50 AM IST
- PFRDA to hire actuary to estimate funding gap under Atal Pension YojanaAPY guarantees pension of up to Rs 5,000 per month to its subscribers, depending upon the contribution committed. It was launched in May 20...18 Jul, 2018, 04.28 PM IST
- Nurses, actuaries in big demand at BPOsAccenture, Wipro, iGate and Cognizant are hiring US registered nurses who have cleared the National Council Licensure Examination in big nu...04 Jul, 2013, 12.50 PM IST
- R Kannan, a former IRDA member found guilty of forgeryR Kannan, a former member of IRDA was found guilty of forging bills by a disciplinary committee of the Actuarial Institute of India.02 Mar, 2012, 02.32 AM IST
- IRDA to tighten criteria for appointment of actuariesTo enhance scrutiny in insurance business, IRDA is working on tightening the criterion for appointment of actuaries09 Sep, 2011, 06.53 AM IST
- Patni expands actuarial BPO servicesIT-ITeS services provider Patni Computer Systems has expanded its Actuarial Centre of Excellence (ACE) to provide consulting, risk manageme...08 Dec, 2009, 09.10 PM IST
- 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...02 Dec, 2007, 02.19 PM IST
- Shortage of actuaries hits new launchesInsurance companies in India are feeling like their pharma counterparts these days. There are enough products in the pipeline, but not enou...02 Dec, 2006, 12.50 AM IST
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