IRDA/R&D/1/2006 Date : 26/05/2006
TAC has collected data from the general insurance companies on motor / health insurance for the years 2003-04 and 2004-05. The statistics thus collected need to be analysed from actuarial and rate making point of view which could be useful in the ensuing the detariffed regime. Before a final analysis is contemplated, it becomes necessary that a preliminary exercise need to be conducted on the collected data so as to assess the usefulness of the data from the analytics point of view and for rate making purpose. Agency(ies) based on the in-house technical capabilities and with proven experience in the analysis of general insurance data will be short listed as service provider(s) at a later date. This will be based on the preliminary exercise that they will undertake now on the available data.
Any agency with proven experience in the analysis of general insurance data may express their interest by approaching IRDA within 21 days from today(26.5.06). For further details contact H.Ananthakrishnan, OSD,IRDA at hananthakrishnan@irdaonline.org
(V. Vedakumari)
ED(Admn.)