Category Archives: ACTUARIAL SCIENCE

A bulletin from Risk Management Solutions notes that the fourth quarter of 2009 was the “most active… ever for catastrophe bond issuance, reaching almost $1.1 billion in total volume, eclipsing the previous best fourth quarter by over 75 percent.” RMS … Continue reading →

Insurance policies are a huge sector in India that is growing rapidly at a speedy rate of 15-20%. The insurance sector is just about 450 billion yet 80 percent of the population in India is not assured. This gives you … Continue reading →

Many in India consider the insurance sector as the secured one but the recent downfall in the premium income of private and public life insurance and general insurance companies clears this myth. The figures came out in the light, regarding … Continue reading →

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, … Continue reading →

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. … Continue reading →

The behaviour of, and trends in, lobal investment markets will affect actuaries working in all areas, as well as those who specialise in investment. It is anticipated, therefore, that the breakout sessions will dealing in investment will be well subscribed. … Continue reading →

Towards the end of September, a dispute arose between Lloyd’s underwriters and the appointed receiver of Stanford’s financial empire as to whether the underwriters should pay Stanford’s legal costs in relation to the charge against him of defrauding investors $7bn … Continue reading →

If you can survive the grilling tests, there is a payoff – the median annual salary for an actuary is handsome. Actuaries are globally in demand and can command hefty pay packets, salaries and perks. No wonder then that this profession … Continue reading →

Student members have to be graduates in a major subject in mathematical sciences, such as mathematics, statistics, econometrics, engineering or actuarial sciences. In addition to Registration fee of Rs. 1,000, one has to pay examination fee for every paper they appear … Continue reading →