Prophet

Prophet is a renowned actuarial software by FIS. It serves as a powerful tool for actuaries, providing a comprehensive platform for actuarial modelling, financial forecasting, and risk analysis. Read More >>

Takaful

Takaful represents a distinctive approach to risk-sharing and financial protection that aligns with Islamic principles. By contributing tabarru’ to a common takaful fund, the participants undertake a aqad by agreeing to mutually help each other, should any of the participants suffer a defined loss. Read More >>

Excel

Excel is a spreadsheet program and a member of the Microsoft Office suite of productivity software. Excel is widely used by users in the insurance industry for various tasks such as data organization, analysis, and visualization. Read More >>

Excel VBA

Excel VBA, or Visual Basic for Applications, is a programming language integrated into Microsoft Excel. It allows users to automate tasks and enhance Excel’s capabilities by creating custom functions and procedures. Read More >>

International Financial Reporting Standard 17 (“IFRS 17”)

IFRS 17 is an accounting standard developed by IASB that specifically addresses insurance contracts. It establishes guidelines for the recognition, measurement, presentation, and disclosure of insurance contracts in financial statements. Read More >>

Links: Actuarial Professional Bodies

Actuarial professional bodies are indispensable for fostering professional development, offering a wealth of resources to enrich actuarial expertise. We can explore continuing education opportunities, such as seminars and webinars, available on these websites to stay abreast of industry trends. Read More >>

Links: Government Agencies & Industry Associations

Websites for government agencies and industry associations are invaluable sources for staying abreast of policies and legislative changes that can impact insurance business. Read More >> Photo by Becca Tapert on Unsplash