Planning for Palliative Care Services in Aotearoa: Insights from Population Data
Explore vital insights and projections on palliative care services in Aotearoa, presented by actuary Heather McLeod. Discover strategic challenges, inpatient bed needs, national death trends, Maori differentials, urban vs. rural data, and regional variations for informed planning and provision of pa
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Health Insurance
Gain valuable insights from the 38th India Fellowship Webinar on Health Insurance, featuring Mr. Vishwanath Mahendra, an accomplished actuary with extensive experience in the sector. Explore key topics such as regulatory impacts, market dynamics, and pricing considerations for health insurance produ
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The Innovative Actuary.Embracing Next-Gen Technologies.
Delve into the world where data and innovation converge, propelling risk management into a new era with The Innovative Actuary. Explore the transformative power of technology in actuarial science, breaking traditional boundaries and enabling innovative possibilities for risk assessment and decision-
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Guidance on Business Expansion and Compliance in General Insurance Sector
Explore the case study of a General Insurance Actuary facing a proposal for expanding business with the help of a Chartered Accountant. Delve into the ethical considerations, compliance issues, and ways to navigate potential conflicts of interest in the insurance industry. Understand the importance
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How much healthcare spending is expected to grow in the US?
The CMS Office of the Actuary predicts US health spending to reach a staggering $7.7 trillion by 2032, up from $4.8 trillion in 2023 (7.5% annual growth).
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Case Study on Professionalism: Ram's Dilemma at Fatafat Life Insurance Company
Ram faces ethical challenges in his new role as Appointed Actuary at Fatafat Life Insurance Company. From accepting the position without proper due diligence to being coerced into unethical practices by the CEO, he finds himself in a dilemma regarding regulatory compliance and integrity. This case s
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Insights from 50 Years as an Actuary
Frank Buck shares valuable lessons learned during his 50-year career as an actuary, reflecting on the evolution of the profession, technological advancements, and the importance of communication and continuous learning.
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Understanding the Actuarial Career and How to Become an Actuary
Actuaries play a crucial role in solving complex financial issues in various sectors such as insurance, banking, and government. This career path requires passing a series of exams focusing on probability, financial mathematics, and risk management. By mastering these concepts, individuals can work
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Exploring the Path to Becoming an Actuary
Dive into the world of actuarial science, understanding the role of actuaries in analyzing and managing risk. Learn about the structure of actuarial departments, areas of practice, and the classes you should take to pursue this career. Explore the responsibilities and expertise required in fields su
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Actuarial Science Major Information Session at SMU
The Actuarial Science Major Information Session at SMU is an opportunity for students interested in mathematics and careers in actuary, finance, insurance, and risk management. The program offers two tracks - Actuarial Analyst (AA) and Risk Analyst (RA) - structured after the education framework of
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Challenges Faced by New Reserving Actuary in Indian General Insurance Industry
Ajay, a new Reserving Actuary in an Indian GI company, encounters various challenges such as limited face-to-face meetings with team, data issues, constraints in policy admin system, and lack of experience in the team. The Appointed Actuary addresses his concerns by emphasizing the importance of tim
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Policyholder IRR Publication: A Case Study in Actuarial Innovation
As a young actuary proposing the publication of policyholder IRR in benefit illustrations, challenges arise from marketing and committee concerns. The idea aims to enhance transparency, empower policyholders, but faces resistance due to sales difficulties and setting precedents. Strategic decisions
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Insights into Becoming an Actuary: Drew Tindall, FSA, MAAA
Explore Drew Tindall's journey to becoming an actuary, his career highlights, and valuable insights into the actuarial profession. Learn about Swiss Re, a leading global reinsurer, and the diverse roles actuaries play in the industry.
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Understanding Insurance Terms: Business Bingo and Definitions
Dive into the world of insurance with a fun Business Bingo game featuring key terms like Policy, Insurer, Premium, and more. Explore definitions such as insurable interest, indemnity, and the role of an actuary in calculating premiums. Learn about different aspects of insurance contracts and the imp
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Career Paths in Mathematics: A Comprehensive Overview
Explore various career paths in mathematics including roles such as accountant, actuary, auditor, data analyst, economist, mathematician, statistician, and teacher. Each profession utilizes mathematical skills in unique ways, from financial calculations to risk management and data analysis. Discover
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Analysis of Louisiana State Retirement Systems Sustainability
The report by Paul T. Richmond, EA, ASA, MAAA, Actuary for the Legislative Auditor, highlights the sustainable nature of Louisiana state retirement systems despite accumulated debts. It emphasizes the need for contributions to address the Unfunded Accrued Liabilities (UAL) and discusses strategies t
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Handling Conflict of Interest in Actuarial Consultancy: A Case Study
Investment consultant, a qualified actuary, faces potential conflict of interest in advising two clients involved in a management buyout. Issues arise with the Sale Purchase Agreement's ambiguity and his involvement in the buyout process. The consultant must navigate these challenges to uphold profe
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Cyber Insurance - Emerging Risks and Threats in Today's Digital Landscape
Explore the evolving landscape of cyber risks and threats, including recent major attacks like the SolarWinds breach and the Colonial Pipeline ransomware incident. Learn about the scope of cyber insurance in mitigating losses from data breaches and cyberattacks for businesses and individuals in the
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Navigating Challenges in Entering the Crop Insurance Market
Joining a midsized GI insurance company with expertise in property and liability lines, the appointed actuary faces the dilemma of proposing entry into the crop insurance market. With limited knowledge in this area, the actuary must weigh the operational challenges and capital issues. Various consid
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Addressing Concerns Regarding Reduction of Policyholder Bonus Rates
The Appointed Actuary recommended a reduction in policyholder bonus rates for a big life insurance company with significant participating business. An Independent Director expressed dissatisfaction over the reduction compared to previous years and urged the Actuary to at least maintain last year's r
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Professional Standards in Actuarial Reserving: A Case Study Analysis
A case study presentation on actuarial reserving, focusing on maintaining professional standards, addressing factors influencing reserves, regulations, and conflict of interest. The Finance Director's suggestion to lower reserves for better company profits is examined, along with implications on com
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Crop Insurance Pricing Webinar with A.V. Karthikeyan - June 26, 2020
Join the webinar on June 26, 2020, focusing on Crop Insurance Pricing featuring A.V. Karthikeyan, the Appointed Actuary at Reliance General Insurance. Explore topics such as risk assessment, pricing dynamics, and the role of actuaries in the crop insurance industry. Gain insights into the importance
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