Reinsurance is a vital component of the insurance industry, allowing insurers to transfer risk to reinsurers and protect themselves…
Retirement planning is a daunting task, but it’s an essential part of preparing for your golden years. Actuarial valuation is a crucial aspect…
Actuaries play a crucial role in the valuation of gratuity, which is a retirement benefit provided to employees by their employers…
Gratuity is a retirement benefit that is provided to employees by their employers as a token of appreciation…
Leave Encashment Valuation Every salaried person, as per labor law, is entitled to a minimum number of paid leave every year, however…
The Actuarial Valuation of Gratuity is a method of valuing the value of an employee’s pension liability. It is used to determine how much money…
What is IND AS 19? The Goal of the Indian Accounting Standard Ind AS 19 is to establish accounting and disclosure requirements for employee Benefits. Accounting according to Ind AS 19 criteria comprises both recognition and measurement. Furthermore, the accounting …
What is an Actuarial Consultant? The term Actuarial Consultant suggests a monetary expert who prompts clients on speculation, protection, and benefits-related choices utilizing different estimations. The consultant applies a broad utilization of insights, emergency courses of action, and a lot …
Gratuity AS15 R, short-term employee benefits consist of wages salaries and social security contribution short-term paid absence such as speed annual leave where such absences…
An Insurance Consulting professional who provides specialized guidance and advice for investment in various insurance schemes isn’t an insurance consultant there is a state you later…