United Educators on LinkedIn: #riskmanagement #captiveinsurance (2024)

Today the FRC published a consultation on proposed revisions to Technical Actuarial Standard 200 (TAS 200) to streamline the standard and ensure it reflects recent regulatory developments in the insurance industry. Have your say by 10 May: https://lnkd.in/ddbTCtys #actuarial

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The FRC has published a consultation on proposed revisions to TAS 200. The consultation period is now open. Follow the link in the post below to have a look. #actuarial #insurance

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Ever wondered how your insurance price tag is set? Underwriters are the brains behind the scenes, using data and actuarial statistics to assess risks and ensure everyone gets the coverage they need, at the right price. They are the bridge between "What if?" and "No worries!"#ReinsuranceDictionary #behindthescenesofinsurance #protectyourpeace

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Check out this post on general insurance terminology!👇#actuaries

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Dive into the intricate world of insurance with our latest post on essential general insurance terms. 📚 We're breaking down the language that actuaries use to assess risk and make data-driven decisions. Whether you're an actuarial professional or simply curious about the science behind insurance, this post is your guide to understanding the foundation of our industry. Let's demystify actuarial jargon together and build a stronger knowledge base. Check out the post and stay tuned for more insights! 💡 Do follow our channel for some interesting posts and regular updates!Join us:Telegram :https://lnkd.in/dFrWhdfXInstagram :https://shorturl.at/bmzSV#ActuarialScience #InsuranceTerminology #RiskAssessment #BimankikCommunity #GeneralInsurance

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Take a deep dive into our CAS Research Paper Series on Race and Insurance Pricing in this upcoming webinar from The Institutes CPCU Society!

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🔎 How can we tackle racial bias in insurance pricing? 🤔 Join us on May 25 at 2 p.m. ET for "Race and Insurance Pricing, Part 2: Analysis and Action." 🗓️ Learn from the research papers commissioned by the Casualty Actuarial Society on addressing racial bias in financial services. 📚 Gain valuable insights from Robin Harbage, FCAS, MAAA, and Radost Wenman, FCAS, MAAA, CSPA. Register today and be part of the conversation! https://lnkd.in/gSFqd5Jf#RacialBias #InsurancePricing #Webinar

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The Bornhuetter-Ferguson method is a simple and popular actuarial technique for estimating ultimate loss and loss reserves. There is one critical question that anyone who relies on this method should be asking. Check out my video to learn more!https://lnkd.in/giwMKPNM

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Despite the insurance industry’s historically slow adaptation to change, recent years have witnessed numerous efforts to modernise the #actuarial function. Several of these initiatives have gained significant traction... However, many still fail to deliver on their anticipated benefits. In our latest blog post, we explore some of the reasons why actuarial modernisation projects fail and offer our solutions for success.Read it here on Interface: https://lnkd.in/dTqFA7JV

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CLIENT ALERT: A.R.S. § 20-1510 takes effect on June 30, 2023 and prohibits insurers from using a dog’s breed as the sole factor in underwriting or actuarial decisions. The Arizona Department of Insurance and Financial Institutions (DIFI) issued guidance on May 25, 2023 regarding the new statute in the form of FAQs, summarized here: https://lnkd.in/gsKySfCd#KutakRock #insurance #finance

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