BUSINESS ENVIRONMENT FOR P&GS OFFICIALS (LIFE)

National Insurance Academy
In Pune

Price on request
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Important information

  • Training
  • Pune
  • Duration:
    3 Days
Description

Important information
Venues

Where and when

Starts Location
On request
Pune
25, Baner Road, Balewadi, 411045, Maharashtra, India
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Course programme

Background:
In the context of changes in family structure and income patterns, pension business in future will constitute bull of insurance market. The setting up of Pension Fund and Development Authority (PEFRDA) would substantially strengthen the Pension and Group Insurance Market. With corporate giants in the financial sector it is essential to have in depth study as much of the emerging scenario as the technical details to have sustainable competitive advantage in the area. Innovative products and optimal utilization of pension and group funds with adequate actuarial support would have to be supplemented by efficient servicing to achieve the desired level of market penetration.

Objectives:
§ Identify the required marketing strategy for growth of pension and group business in India
§ Identify the technological support required in servicing areas
§ State the actuarial principles governing the pension and group business

§ Appreciate the concept of fund management, hedging and solvency margin in pension business

Contents
§ Social and demographic changes relevant to pension business

§ Actuarial principles in pension and group insurance business

§ Product innovation – pricing and benefit analysis

§ Linked pension and group insurance products

§ Term insurance products as additional benefit

§ Funds management

§ Investments of Pension Funds

§ Technology support


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