History
The ASI was initially started as a non-examining body when Actuaries used to get qualified from Institute of Actuaries or Faculty of Actuaries of the United Kingdom. The actuarial profession in India saw a downward trend in the early years of nationalization of the Indian insurance industry. This led to a reduction of actuarial input in both life insurance and general insurance management, and insignificant input in other areas such as pensions, insurance regulations, and academics. The downward trend resulted in a reduction of number of students taking actuarial exams. In the last few years, the actuarial profession in India has experienced tremendous growth. The ASI has grown as well with around 3,000 student members joining the society. The current president of ASI is Mr. Liyaquat Khan.
Read more about this topic: Institute Of Actuaries Of India
Famous quotes containing the word history:
“Jesus Christ belonged to the true race of the prophets. He saw with an open eye the mystery of the soul. Drawn by its severe harmony, ravished with its beauty, he lived in it, and had his being there. Alone in all history he estimated the greatness of man.”
—Ralph Waldo Emerson (1803–1882)
“The principle that human nature, in its psychological aspects, is nothing more than a product of history and given social relations removes all barriers to coercion and manipulation by the powerful.”
—Noam Chomsky (b. 1928)
“Regarding History as the slaughter-bench at which the happiness of peoples, the wisdom of States, and the virtue of individuals have been victimized—the question involuntarily arises—to what principle, to what final aim these enormous sacrifices have been offered.”
—Georg Wilhelm Friedrich Hegel (1770–1831)