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IAI Actuarial Core Principles · Business Management · Activities of the Institute of Actuaries of India

The IAI's research and knowledge-sharing activities, such as committees, papers and seminars on mortality and emerging risks, mainly support which professional objective?

The IAI's research activities advance actuarial knowledge and supply evidence that informs regulators, the industry and public policy. This supports the profession's public-interest role and its credibility, rather than sharing confidential data, replacing judgement or overriding regulators.

  1. ARaising the profits of members' employers by sharing confidential pricing data
  2. BReplacing the need for members to exercise individual judgement
  3. CGiving members the right to override regulators' decisions
  4. DAdvancing actuarial knowledge and providing evidence that informs regulators, industry and public policyCorrect
  5. Limiting entry to the profession by keeping its findings private to members

Explanation

Research and thought leadership develop the body of knowledge and inform regulation and public debate, which strengthens trust in the profession. They do not share confidential pricing data, replace judgement or give override powers over regulators.

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