Monthly Archives: December 2009

HEALTH INSURANCE AWARENESS IN INDIA IS VERY LOW (ACTUARIAL SCIENCE)

Howard Bolnick, who taught insurance at the Kellogg School of Management for 13 years, was in India for a five – day executive development programme on healthcare financing and health insurance, organised by the Insurance Foundation of India (IFI). Bolnick, a past president of the US Society of Actuaries, took time to talk to Sarabjeet K Sen on how he viewed the In

RIL WOOS LYONDELL CREDITORS AS MANAGEMENT FIGHTS BACK

New York bankruptcy court to hear former owner’s updated rescue plan today.

Reliance Industries Ltd (RIL), in its efforts to gain control over LyondellBasell, is looking to team up with the unsecured creditors and bond holders of the bankrupt Dutch petrochemicals giant.

Sources close to the de

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SCAMMERS SCRAPE RAM FOR BANK FOR BANK CARD DATA (IT SECURITY)

Forget keyloggers and packet sniffers. In the wake of industry rules requiring credit card data to be encrypted, malware that siphons clear-text information from computer memory is all the rage among scammers, security researchers say.

So-called RAM scrapers scour the random access memory of POS, or point-of-sale, terminals, where

POWER OF MOTIVATION

 
Learn to motivate your employees to get the best out of them.

Managers who understand what motivates each employee can tailor incentives accordingly. But your motivational toolbox should go beyond rewarding excellent work. Just as important to keeping workers engaged is a plan

TEN PRECAUTIONS WHILE OUTSOURCING (DATA ANALYTICS)

Precautions need to be taken while outsourcing work due to various reasons like money, time, availability of manpower etc. There are many risks involved during process of outsourcing and thus it is imperative to choose the right service provider. The outsourcer should be honest and efficient with good communication skills. This is not a big and diff

ACTUARIAL FUTURE IN PENSIONS

This is a practice area that was thought to be in decline 10 years ago but which still attracts newly qualified actuaries. Indeed, the increasing globalisation of the profession has made it easier for pensions actuaries to explore new markets.

Pension saving is a newly emerging industry in Asia, where the custom for generations was

TAKE ‘CALCULATED’ RISKS, BEYOND FUNDAMENTALS

Fundamental analysis for stock picking is passe, quantitative investment strategy based on mathematical calculations is the in thing, say Prashant Mahesh & Nikhil Walavalkar.

Investors are familiar with stock selection strategies based on fundamentals. Most mutual funds and

PUBLIC SPEAKING: A CHEAP, EFFECTIVE MARKETING TOOL

Are you looking for a marketing tool that is both effective and inexpensive? Then pull out your microphone and do some speaking! Why should you consider ‘public speaking’ as a way to obtain new customers? Because it doesn’t cost anything, except your time, and it is effective.

Why is being a speaker at an association meeting or o

MICROFINANCE- A MAGICAL ECONOMIC PANACEA?

Six months back, like many others, I was enthralled by the Microfinance ‘success story’ in India. However, as an intern with a leading Microfinance Institution (MFI), on my first field visit- in a scanty, unsightly village in North India- as these microfinance borrowers recounted their tales, I realized that all was not hunky dory.

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