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ACTUARIAL METHODS
Quote of the day by Inventor of Computer Charles Babbage: 'Keeping the mind occupied is such a source of pleasure that it can relieve even the pain of...' - The hidden power of the human brain to control attention explained by the British mathematician- Creating a mirage called employee: Another way a management can manipulate profits and mislead investors
- Even Warren Buffett makes statistical errors sometimes
- LIC shares gain 1% as insurer plans health insurance stake purchase by March 31LIC shares increased over 1% after confirming its final-stage discussions to acquire a stake in a health insurance company. CEO Siddhartha ...19 Mar, 2025, 10.16 AM IST
- Post LIC IPO, 60 pc of insurance biz to be with listed entities: FinMin officialThe Cabinet Committee on Economic Affairs (CCEA) had in July given its in-principle approval for the listing of insurance behemoth Life Ins...21 Aug, 2021, 09.26 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
- PFRDA looking to introduce minimum assured return product: ChairmanThe Pension Fund Regulatory and Development Authority (PFRDA) is working on plans to introduce innovative retirement benefit products, such...12 Mar, 2021, 07.18 PM IST
- IRDAI considering shifting to 'use and file' system for product approvals: ChairmanUnder the file and use system, an insurer, who wishes to introduce a new product, has to file an application for the product with the IRDAI...10 Mar, 2021, 04.15 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
- Cybersecurity insurance companies run into data smogLack of actuarial data on cyberattacks, murky disclosures by corporate victims and the incredible speed at which a breach may spread global...22 Nov, 2018, 05.22 PM IST
- New law to end denial, loss of jobs to HIV positive peoplePresident Pranab Mukherjee has recently given nod to the HIV and Acquired Immune Deficiency Syndrome (AIDS) (Prevention and Control) Act, 2...24 Apr, 2017, 05.48 PM IST
- ET in the classroom: Embedded Value & ListingEmbedded value is an estimate of insurance companies’ net assets and income expected from the policy in force. It is the present value of f...28 Jun, 2016, 03.56 AM 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
- The economic capital approach in life insuranceThe existing solvency framework in India is based on the factors related to mathematical reserves and sum at risk, specified for different ...31 Mar, 2010, 03.01 AM IST
- Banks chary of pension focus in new a/c normsBanks and companies could get more leeway in implementing AS 15 - the revised accounting standard which requires them to make provisions fo...12 Sep, 2006, 03.45 AM IST
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