Category Archives: ACTUARIAL SCIENCE

Weigh actuarial science as a job option

Year 2001. Giri Biresh Kumar was a final year MStat student in the Indian Statistical Institute (ISI), Kolkata. The insurance sector, by then, had opened its doors to private players, and was considered to be a potential employer. One of … Continue reading

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Weigh actuarial science as a job option

Year 2001. Giri Biresh Kumar was a final year MStat student in the Indian Statistical Institute (ISI), Kolkata. The insurance sector, by then, had opened its doors to private players, and was considered to be a potential employer. One of … Continue reading

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Actuarial careers in general insurance

The role of actuaries is crucial in the general insurance industry. An actuary acts as the guiding light and influences important financial decisions in an insurance company. He uses his analytical skills to dissect the past and accordingly model the … Continue reading

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Roles of Actuaries in General Insurance Business

1. Introduction The Insurance Regulatory and Development Authority (IRDA) has called for actuaries to play a greater role in general insurance companies and has said financial viability of all products must be certified by the appointed actuary. This has been … Continue reading

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EMERGING NATIONS TO RECOVER FIRST SAYS MCKINSEY

Global Institute Forecasts New Ball Game for Global Capital Markets After establishing the frame of reference as 1980 through 2007, the consulting firm’s February 8 appraisal, “Global Capital Markets: Entering a New Era,” reports world financial assets–equities, private and public … Continue reading

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ATTENTION ASPIRING ACTUARIAL CANDIDATES!!!

May ’10 Actuarial Examination Forms are available at Ivy Professional School. For a copy of your form, reach out to us at info@ivyproschool.com.

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PLAN TO CREATE LONGEVITY-RISK MARKET MAY SUCCEED, MOODY’S SAYS

The Life & Longevity Markets Association, comprising a group of insurers and banks, may succeed in creating a market for products that pass on the risk of people living into old age, Moody’s Investors Service said. The group, founded last … Continue reading

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AS GROWTH RECOVERS IN INDIA, INFLATION SURGES

The Central Bank is trying to keep prices down, but a drought and supply bottlenecks have spurred increases. Movie night and restaurant meals are out for Vinod Kumar. As prices for sugar, onions, and other staples have surged after poor … Continue reading

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DATES FOR MAY 2010 ACTUARIAL EXAMS

Exam Schedule for May 2010 Exams Date Subject Duration 10th May CA 1 (Paper   I) 9.45 -13.00 hrs CT 3 15.00 –18.00 hrs 11th May CT 6 10.00 – 13.00 hrs CA 1 (Paper II) 14.45 – 18.00 hrs 12th May CT 4 10.00 – 13.00 hrs CA … Continue reading

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MAJOR POLL SHOWS DOUBTS ABOUT ECONOMIC RECOVERY

Response to Global Survey Indicates Greater Investment Risks Ahead A recent survey by business consultants McKinsey & Co. suggests corporate managements should come up with new game plans, based on the lingering crises in global finance. They say signals by … Continue reading

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