Famous Actuaries
Actuaries who are known for their analytical abilities are specialist in Insurance and Pensions. Now they are sought after in areas of risk management ,...
ACTUARIAL
Most Shared
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Divorce or Alimony Insurance in India
Egypt may become the first country to make Divorce or Alimony insurance mandatory. Developed countries including US and UK already offer such products. The increasing...
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Travel Insurance
Travel insurance in Australia is designed to protect travellers from financial losses and unexpected events that can occur before or during a trip, both domestically...
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Ebola- Insurance perspective
Ebola has gone global. On August 8 , WHO declared an international public health emergency formalising the severity of the outbreak. The crisis in Africa...
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Personal Cyber Risks Insurance-India
In this increasingly connected digital world, cyber risks have grown exponentially. Based on the 2017 Nortan Cyber Security Insights Report 143 million customers in US...
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Homeowners Insurance
Homeowners ( Home and Contents Insurance) Homeowners insurance in Australia, commonly referred to as Home and Contents insurance, is a crucial protection for property owners...
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Fracking
Fracking or hydraulic fracturing is a technique for oil and gas extraction. The technique has become popular recently after scientists discovered new ways of extraction...
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Property and Casualty (GI) Written Premium by Country
General Insurance Premium by Country1. USA Premium: The P&C insurance sector reported $918.6 billion USD in net premiums written in 2024. The top 5 insurers...
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Motor Insurance
Motor Insurance in Australia includes both private/domestic and commercial motor insurance Domestic motor insurance in Australia, commonly known as Car Insurance, is a highly competitive...
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An Indian Summer for Actuaries
Source-The Actuary By-Jagbir Sodhi ‘Incredible India’ is the strapline of the Indian Ministry of Tourism, used to promote the country to the world. India indeed...
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Compulsory Third Party (CTP) insurance in Australia
Compulsory Third Party (CTP) insurance Compulsory Third Party (CTP) insurance is a mandatory component of vehicle registration across all Australian states and territories. However, the exact...
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General Insurance Industry Snapshot of Australia
Australia’s General Insurance Industry Snapshot Policies and Claims: The industry manages 86 million general insurance policies , including 18.2 million motor-related policies and 12.4 million...
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Warren Buffett and Milton Friedman
Warren Buffet Here’s an excerpt from The snowball:Warren buffett and the Business of life Chapter 15: Strike One, page 137. While a student at Columbia...
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Public and Product Liability insurance
Public and Product Liability insurance Public and Product Liability in Australia is crucial for businesses of all sizes, protecting them from financial losses due to...
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Actuarial assumptions for CTP
Actuarial assumptions for an Australian Compulsory Third Party (CTP) insurer are the key financial and demographic factors that actuaries use to estimate future claims costs....
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Professional Indemnity (PI)
Professional Indemnity (PI) Professional Indemnity insurance in Australia is a critical form of coverage for individuals and businesses that provide professional advice, services, or designs. It...
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Actuarial assumptions for WC
Workers compensation Actuarial assumptions for insurers in Australia are a complex and critical part of their business. Unlike other forms of insurance, the premiums are...
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Fictional Actuarial Story
“Again? Howie, no, really, I don’t think that’s right.” “Of course it is, Miranda. It was a unanimous decision.” “Howie, it’s been me for four...
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Workers’ Compensation (and Employer’s Liability) in Australia
Workers’ Compensation (and Employer’s Liability) by State/Territory Here’s a breakdown of the workers’ compensation schemes and average premium rates (as percentages of total wages) for...
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Rating for Architects and Engineers Professional Liability Policy
The actuary will calculate the rating factors for Architects & Engineers Professional Liability by applying a series of multipliers to a base premium. The premium...
