Art & Science of calculating risk | Unusual Suspects

India’s young demographics is a well-documented global story. That said, India is also inching towards the higher “dependency ratio” of the ageing curve, the demographic problem of an increasingly larger share of retired people is not just a statistical phenomenon.

It is a real issue that may call for attention in several matters, including a comprehensive pension penetration and coverage. How can we push for early and quicker adoption of pension products? What role is artificial intelligence and big data analytics playing in the insurance sector?

How is the role of an actuary evolving? Can we see actuaries working outside their traditional sectors? Financial empowerment can bring lasting change in the lives of people, especially the most vulnerable, their families and communities. Financial literacy needs more than lip service. How do you see this problem getting solved? The insurance industry is now in its 20s. It has matured enough. Yet, some fundamental concerns such as low cost penetration, cost management and distributor efficiency remain to be fully addressed. How can we sort this? Tune in to find out.