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Health insurance is not just another tax-saving header. It is a necessity. If you are without a health cover today, you are taking a risk. A sudden hospitalisation can be potentially worth lakhs of rupees.

Life insurance to cost less as mortality rate declines

With a significant fall in the mortality rate in India, the cost of life insurance premiums is set to come down to a...

1 March 2019 3:04 AM IST

The IAI was formed in 2006, and thereafter it became a statutory body under an Act of Parliament, on the lines of ICAI, ICSI and ICWAI. The IAI conducts exams for actuaries. It also trains actuaries.

Number of actuaries to touch 480 in FY19

The Institute of Actuaries of India (IAI) estimates that the number of qualified actuaries will reach 480 by this...

28 May 2019 1:59 AM IST