Institute of Actuaries of India-Subject ST1- Health and Care

hii sir, I wanted to get the syllabus of the Subject ST1- Health and Care of the Institute of Actuaries Of India? please provide me the syllabus ?

[Saksham]

As you asking for the syllabus of the subject ST1 – health and care , here I am providing you the syllabus of the subject ST1 – health and care of Institute of Actuaries Of India. the syllabus is as follow:
Define the principal terms used in health and care provision in the India.
Analyse the main types of health and care insurance products in terms of:
customer needs

interaction with State provision
higher order insurer risk considerations
bundling and unbundling
impact of unit-linked wrappers
(c) Describe the general business environment for health and care insurers in India, in terms of:
products and distribution, including the roles of the State and employers
underwriting approaches, including genetic testing
use of counterparties
external influences – demographic, medical, economic and social
(d) Understand the legal, taxation and regulatory framework as applicable to Indian health and
care insurance:
taxation of Indian health and care products: premiums, benefits, profits
supervision of valuation of assets, liabilities and capital requirements
principles underlying the risk based capital regime
conduct of business rules
financial reporting requirements
policyholder protection schemes
treating customers fairly
statutory actuarial roles
(e) Describe the principles underlying the requirements of the professional standards and
guidance relevant to actuaries practising in Indian health and care operations.
(f) Understand how to design and price health and care insurance products to be sold by
Indian insurers, including:
policy conditions
capital requirements and return on capital
marketability, competition and distribution
management of the risks
availability of good quality and relevant data
underwriting
reinsurance
investment policy
the renewal process and options
regulatory requirements
(g) Understand the principles and practices in specific areas of evaluation:
assessment of the market for a new company launch
assessment of overseas markets
assessment of a company or portfolio for takeover
embedded value analysis

rest of the syllabus you may find in the file given below:

Institute of Actuaries Of India-Subject ST1- Health and Care syllabus