{"id":291047,"date":"2026-03-16T21:52:13","date_gmt":"2026-03-16T16:07:13","guid":{"rendered":"https:\/\/insurancekhabar.com\/?p=291047"},"modified":"2026-03-16T21:55:09","modified_gmt":"2026-03-16T16:10:09","slug":"insurance-authority-of-india-iba-publishes-first-report-on-role-of-actuarial-analyst-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/insurance-authority-of-india-iba-publishes-first-report-on-role-of-actuarial-analyst-2\/","title":{"rendered":"Insurance Authority of India (IBA) publishes first report on role of actuarial analyst"},"content":{"rendered":"<p>Kathmandu. Nepal Insurance Authority&#8217;s Research Division has released a landmark study examining the role, effectiveness and future of actuarial analysts in Nepal&#8217;s insurance industry. This is the first research report on actuarial in the insurance market in Nepal. <\/p>\n<p>The authority has published a detailed report titled &#8220;Evolving Role of Actuarial Analysts in the Nepalese Insurance Industry: Evaluating the Effectiveness of Regulatory Framework&#8221;. The study released by the Authority&#8217;s Research Division on Monday represents the most structured test to date on how actuarial professionals have been employed, trained, and retained in the insurance sector in Nepal. <\/p>\n<p>Commenting on the report, NTA Chairperson Chandrakala Poudel said, &#8220;A strong, well-governed and resilient insurance sector plays a vital role in strengthening financial stability and boosting public confidence. &#8220;<\/p>\n<p>The report was prepared by the Department of Risk Management under the leadership of NRA Director Pujan Dhungel Adhikari. Deputy Director Nirmala Malla, Assistant Directors Sudha Kafle and Karuna Thapa, and actuarial analysts Munal Bhattarai and Sambhavi Pokharel were the members of the investigation team. Prechhya Mathema, president of the actuarial society of Nepal, assisted as an independent advisor to the company. <\/p>\n<p>The study was fully funded by the authority. The report did not disclose any third-party commercial or international development funds. The preliminary data was collected in January 2026 through an online survey conducted with 40 actuarial analysts and 37 supervisors of life, non-life, microinsurance, and reinsurance companies across Nepal. <\/p>\n<p>For this report, the authority conducted an online questionnaire with actuaries in January 2026. <\/p>\n<p>The stated objective of the report is to evaluate how effectively the Guidelines for Actuarial Appointment, 2024 issued by the Authority have been implemented and identify gaps in professional development, workplace satisfaction and retention. The authority has also announced its intention to conduct this survey annually. <\/p>\n<p>The report is based on the ongoing implementation of the NFRS Seventeen in risk-based capital, self-risk and solvency valuation (ORSA), and insurance contracts in Nepal. The introduction of new institutional practices in these technical aspects has significantly expanded the demand for actuarial expertise in insurance companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. Nepal Insurance Authority&#8217;s Research Division has released a landmark study examining the role, effectiveness and future of actuarial analysts in Nepal&#8217;s insurance industry. This is the first research report on actuarial in the insurance market in Nepal. The authority has published a detailed report titled &#8220;Evolving Role of Actuarial Analysts in the Nepalese Insurance [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":291044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45099],"tags":[],"class_list":["post-291047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-news-en","category-regulatory-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/291047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=291047"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/291047\/revisions"}],"predecessor-version":[{"id":291048,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/291047\/revisions\/291048"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/291044"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=291047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=291047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=291047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}