Financial stability is crucial for businesses. One way to achieve this is through actuarial valuation. This process helps assess risks and predict future financial outcomes. Here, we will ex… Read More

For those who do not have much idea about finances, the term “financial planning” can seem to be too technical and overwhelming. Financial planning plays a very important role ac… Read More

End of service benefits are crucial for organizations to ensure their employees feel valued. They also show that a company cares for the employees. If properly structured, end of service ben… Read More

Businesses of all types and sizes need to know the rules for actuarial valuation of gratuity. This is especially necessary for the most common benefit in India. They need to understand the r… Read More

The Ultimate Wall Street Payday Dream for Indian Growth Startups Hi IPO warriors! and turf mercenaries from the Indian SME battlefields! Still slaying it in those crippling private fundraisi… Read More

Intoduction As businesses seek to provide robust retirement benefits to their employees, Defined Benefit Plans (DBPs) have emerged as a p… Read More

Understanding the contribution limits for Cash Balance Plans in 2024 is crucial for both employers and employees aiming to maximize retirement benefits and o… Read More

#IAS26 establishes the measurement and disclosure criteria for reporting #retirement benefit schemes. All plans must provide a statement of changes in net assets available for benefits, a… Read More

American International Group Inc. (NYSE:) has reported a robust first quarter for 2024, with a notable increase in earnings per share and a strong performance in its General Insurance and… Read More

Welcome to a journey through the fascinating world of insurance! In this exploration, we’ll delve into a diverse array of trivia, spanning from ancient origins to cutting-edge trends i… Read More

The Social Security and National Insurance Trust (SSNIT) has responded to concerns raised regarding the findings of the International Labour Organisation (ILO) 2020 actuarial valuation repor… Read More

The Social Security and National Insurance Trust (SSNIT) has maintained that it will be able to pay benefits when they are due, stating that the 2020 International Labour Organisation’… Read More

A recent report by the International Labour Organisation (ILO) has sounded the alarm on the precarious financial state of the Social Security and National Insurance Trust (SSNIT), projecting… Read More

Organizations offer leave encashment policy as an employee benefit. This policy allows employees to convert their unused vacation or sick leave into cash. Employees can convert their leave b… Read More

Leading Australian university Curtin University is a shining example of academic innovation and quality. It is situated in Perth, Western Australia. Since its founding in 1966, University ha… Read More

If you’re interested in a career in math, no doubt you’ve come across something telling you that being an insurance actuary is one of the best jobs you can get. What is… Read More

Actuarial valuation plays a vital role in assessing the financial implications of various employee benefits, including leave policies. These policies encompass different types, such as annua… Read More

AS15R, also known as Accounting Standard 15 Revised, significantly impacts how organizations value gratuity liabilities. This accounting standard sets guidelines for the measurement and disc… Read More

In actuarial valuation, determining the duration of liability for setting discount rates is important. It helps in accurate financial forecasting and risk management. Organizations need to u… Read More

Explore how CA, CS, Auditors & Audit Firms can prevent Indian and Multinational Companies from Non-Compliance of AS 15 (Revised 2005) & IndAS 19. Key insights on NFRA rules, applicab… Read More

IRDAI vide circular dated 12.02.2024 has issued the INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (Actuarial, Finance and Investment Functions of insurers) Regulations, 2024. The R… Read More

Relaxation, vacation, or the development of new hobbies? A simple, stress-free lifestyle? All rely on one thing: your pension. But how much will you get? Is it secure? How can you m… Read More

Actuarial valuation for gratuity is not just a numerical exercise; it’s a strategic compass that helps employers in overcoming the complexities of employee benefits. While not always m… Read More

In the intricate world of financial reporting and compliance, Actuarial Valuation stands as a crucial tool, particularly in the context of Long Term Employee Benefits like gratuity. This art… Read More

The modern investment landscape has undergone a profound shift, extending far beyond traditional avenues like banks and insurance companies. The emergence of stock and equities trading platf… Read More

Summary: This article aims to explore whether military equipment is insured, the complexities of insuring such high-value and high-risk assets, the types of insurance that may be available… Read More

In the world of finance and insurance, traditional underwriting approaches have long been associated with a multitude of challenges. They often cause significant stress for businesses. The a… Read More

Difference Between Term And Whole Life Insurance – Life insurance is essential for families. The two most common types of life insurance are term and whole. Read on for our expert advi… Read More

After a long time of underfunding, West Virginia dramatically closed its pension funding hole, in accordance with a latest report from Pew Charitable Belief. The state, which had the poor… Read More

It may sound like a difficult mountain to climb to pass the Insurance Regulatory and Development Authority of India (IRDAI) test, but fear not, the test is not as difficult as it seems. So… Read More

Management Development Institute, (MDI) Gurgaon launches a 4-month course on Risk Management and product pricing suitable for actuarial students, professionals working on actuarial projects… Read More

For the Indian insurance industry to run well, a number of crucial jobs are involved. The position of insurance actuary is one of these important roles. You wish to learn more about… Read More

List of Courses Offered in Lagos State University of Science and Technology (LASUSTECH) from School Campus | NUC Approved Degree Programmes in LASUSTECH The National Universities Commission… Read More

Actuarial valuation is commonly associated with pensions and retirement planning. However, its applications go far beyond retirement benefits. Employers can utilize the benefits of actuarial… Read More

The world’s top universities for studying finance, accounting, and actuarial science are located in the United Kingdom. As the world’s largest financial centre, the scope of fin… Read More

Commerce is known as the most famous stream that is opted by Indian students and the main commerce subjects are Accountancy, Economics, Business Studies and English. Moreover, we have discus… Read More

Society of Actuaries has updated the Exam Schedule for Preliminary and FSA Exams. The detailed Exam Schedule is given below SOA Preliminary Exam Schedule Exam NameCBT DatesPaper/Pencil… Read More

Actuarial valuation is a powerful tool that enables organizations to assess and manage their financial obligations and risks effectively. It plays a crucial role in various areas, including… Read More

Gratuity is an important employee benefit that provides financial security during retirement or upon leaving a job after completing a certain period of service. However, understanding the va… Read More

In the ever-evolving landscape of accounting standards, IND AS 19 emerges as a significant player, especially when it comes to the realm of employee benefits accounting. This standard, formu… Read More

Welcome to the complex and ever-evolving world of defined benefit consulting! As the retirement landscape continues to shift, it’s crucial for… Read More