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Friday, August 19, 2011

Institute of Actuaries of India to conduct GCA in Mumbai from Feb 21-22

Institute of Actuaries of India to conduct GCA in Mumbai from Feb 21-२२


GCA is a platform for global dialogue to discuss the issues relating to management of Insurance and Financial business in the global financial space




The 13th GCA is to be held in Mumbai over February 20-22, 2011 at the Renaissance Mumbai Convention Centre. Over 70 speakers from around the world including the leaders from the Indian Financial institutions are descending on Mumbai to be a part of the dialogue and debate over some of the major issues concerning the financial markets today.


The Global Round Table on 21st February 2011 is being anchored by Ashvin Parikh from Ernst and Young and has amongst its 14 panelists, renowned leaders of the global financial sector.


The GCA organized annually since 1999 is a major event in the calendars of stakeholders from the insurance and financial sectors, including actuaries and other professionals in the financial world. It attracts some of the best talent in the industry from around the world, both as speakers and participants. GCA is a platform for global dialogue to discuss the issues relating to management of Insurance and Financial business in the global financial space.


This year's theme “Emerging Risks…Daring Solutions” encompasses a whole gamut of discussion topics aimed at all stakeholders from financial services including life Insurance, general insurance, health insurance, social security, pensions , reinsurance, microinsurance, takaful, Enterprise and Financial Risk Management.


Membership: The membership of the institute of actuaries has been growing exponentially and has increased from over 1,800 as on March 2002 to over 12,000 as on date.


The Institute of Actuaries of India (IAI) in its earlier form as Actuarial Society of India (ASI) was established in September 1944. The IAI, now constituted under Actuaries Act, 2006 and the ASI constituted under Companies’ Act then, is a professional body of Actuaries with powers to accredit members as fully qualified actuaries at fellowship level with a designation of Fellow, Institute of Actuaries of India (FIAI). Since 1979 the ASI/IAI is a Member of International Actuarial Association, the global body of the actuarial profession.


Objectives of the Institute of Actuaries of India are to:


promote, uphold and develop the standards of professional education, training, knowledge, practice and conduct amongst Actuaries;

endorse the status of the Actuarial profession;

regulate the practice by the members of the profession of Actuary;

encourage, in the public interest, knowledge and research in all matters relevant to Actuarial science and its application; and

do all such other things as may be incidental or conducive to the above objects or any of them.


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