is actuary redundant

In the world of Machine Learning, is Actuary Redundant ?

  The core activity of an Actuary is: 1. Number crunching 2. Assumption setting But this will no longer be the case, in the world of powerful processors and highly …

Share
Read more
Accidental Total Permanent Disability (ATPD) benefit

Accidental Disability – A financial threat worse than death

Most of the life insurance policyholders in India hold a savings plan with negligible protection component. Those who know the importance of protection, hold a significant life cover, mostly from …

Share
Read more

Life Insurance: Its high time industry launches a protection campaign

Hesitation to discuss death and the consequences In India, life insurance policy is mainly sold as a savings instrument. This is probably because an insurance sales person finds it difficult …

Share
Read more

Life Insurance – Is Agency channel viable? At least in the long run?

Is Agency Channel viable? For Life Insurance business, Agency channel is supposed to be the backbone. For decades, LIC of India is running on the strength of agency channel. However, …

Share
Read more

Life Insurance M&A – What value would you place on a third party distribution channel?

Valuation of a life insurance company is complicated. The business is of long term. The profits are realized gradually over the term of a life insurance policy. Placing a value …

Share
Read more

It sounds funny, but don’t chase either topline or bottomline in life insurance business

In any business, you either chase top-line or bottom-line. But in life insurance business, you shouldn’t chase both of them. Why shouldn’t you chase top-line? In life insurance, the definition …

Share
Read more

Choose right Health Insurance – best coverage is important, not lowest premium

We normally look for lowest premium while buying insurance, especially online. Even if we buy offline, many do a lot of online research before buying. And usually, lowest premium is …

Share
Read more

Making micro life insurance work – Practical issues and solutions

The big problem of poor families The benefits of micro insurance are often underestimated. It is normal for the poor families to take micro loans. If a member of a …

Share
Read more

Falling interest rate – a potential threat to Life Insurers

Recently, a life insurance company announced losses due to creation of a 200 Crore reserve for guarantees (as per their press statement). This opens up discussion on falling interest rate …

Share
Read more

Life Insurance: An endangered species called Traditional Product

In many life insurance markets across the world, the traditional product has lost its relevance. Either it has already disappeared from the market or it is in the process of …

Share
Read more