As India moves toward global accounting alignment and risk-based capital norms, the IRDAI chair has highlighted the critical role of actuaries while warning of a widening talent gap.
AmTrust Specialty Limited says the move will help build its local underwriting capacity while meeting rising demand from intermediaries, funders, and legal professionals in the country.
The partnership's initial scope will cover IRBCF and IFRS 17 (Ind-AS), using a single consolidated platform to improve speed, scalability and controls.