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OF ACTUARIES OF INDIA
Insurers racing to ‘AI-proof’ systems as IRDAI flags risksIndian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven...- Companies fish for cyber cover as AI liability risks surfaceIndian companies are turning to cyber insurance for protection against AI risks. Concerns about AI agents going rogue or chatbots providing...
- 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...
- Prudential Plc names Amit Dave as CEO, Abhishek Saraf as COOPrudential Plc has appointed Amit Dave as CEO and Abhishek Saraf as COO for its upcoming health insurance joint venture with HCL Group in I...
- Creating a mirage called employee: Another way a management can manipulate profits and mislead investorsJust another line item near depreciation and finance costs, with the real assumptions and calculations buried deep in the notes. That is pr...
- 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...
- IRDAI chief asks insurance players to underwrite disruptions to improve market penetrationIRDAI Chairman Debasish Panda stressed the need for insurers to adapt to disruptions and aim for 'insurance for all' by 2047. Speaking at a...
- Society of Actuaries plans India expansionAccording to a market research study published by Facts and Factors, the global insurance business process outsourcing market is expected t...
- 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...
- Irdai says 'yet to get' proposal from LIC on IPOKhuntia asked insurance companies to "weed out" loss-making products and concentrate only on the better paying ones.
- Accident-prone teens drive up mortality ratesNot surprisingly, even in the younger age-band, teenagers seem more prone to accidents.
- Irdai terminates actuary's membership for NIC wrongdoingsThe penal action came after the regulator found wrongdoings by actuary Manalur Sandilya in preparing the balance sheet of NIC for the 2015-...
- Government ties up with UK-based IFoA to launch course in actuariesIt is keeping in view the huge demand of specialised actuaries the country may have in future, post hike in FDI to 49% from 26% in the insu...
- 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...
- Irda’s plan to hire actuary may hit pay hurdle againInsurance regulator Irda for the second time in less than a year has called for applicants to fill up the post lying vacant since May 2011.
- IRDA to tighten criteria for appointment of actuariesTo enhance scrutiny in insurance business, IRDA is working on tightening the criterion for appointment of actuaries
- Patni expands actuarial BPO servicesIT-ITeS services provider Patni Computer Systems has expanded its Actuarial Centre of Excellence (ACE) to provide consulting, risk manageme...
- 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...
- ISAS to offer two yr PGD in Actuarial Sciencesa first such institution in the country, the International School of Actuarial Sciences (ISAS) has been launched here on Monday to offer a ...
- 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...
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