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Chartered Enterprise Risk Actuary Chartered Enterprise Risk Analyst Certified Enterprise Risk Actuary Certified Enterprise Risk Analyst CERA is a global risk management credential or qualification, which equips actuaries with strong ERM knowledge and helps them to make better business decisions. Is CERA worth it? Yes, CERA is worthy. The world is ever-changing, evolving, technologically advanced, …

IFRS 17 is a new accounting standard issued by the International Accounting Standards Board (IASB), replacing IFRS 4. It establishes principles and modifies old principles(IFRS 4) that apply in all aspects of the accounting of insurance contracts. Why was IFRS 17 adapted? IFRS 4 consisted of accounting policies for insurance companies which allowed them to …

Masters in Actuarial Science has been a very interesting topic for actuarial aspirants. It is a multidisciplinary program where the course structure varies across universities. In this course, students are well-prepared with the fundamentals of actuarial science: mathematics, statistics, economics and finance. Students holding B.Sc./ B.Com graduation degree with 50% aggregate marks and mathematics/ statistics …

Kurtosis refers to the degree of flatness or peakness in the region of the curve. It is generally used to measure the degree of outliers that occur in the data, i.e., the tailedness of the distribution. Outliers are the values that lie at extreme distance from the other values of the sample. Tails refers to …