Srinivasan Parthasarathy
  • Srinivasan Parthasarathy

  • Senior Executive Vice President, Chief & Appointed Actuary

Introduction:

Srinivasan Parthasarathy is Senior Executive Vice President, Chief & Appointed Actuary.

Mr. Srinivasan Parthasarathy is the Chief Actuary and Appointed Actuary of HDFC Life. Mr. Parthasarathy joined HDFC Life in 2011 from Canara HSBC Life Insurance with 18 years of experience in Life Insurance and Pensions in both India and the UK. He was one of the two candidates from Asia to be selected by the President of Institute of Actuaries, UK in the year 2000 to work for Watson Wyatt, UK, where he provided a range of consultancy services to clients on various aspects of company pension schemes. Then he moved on to work with Aviva UK where he worked in different areas including pricing, reporting and stochastic modelling, before being seconded to Aviva India. Amongst his key achievements at Aviva India were leading the transition from TEV to MCEV reporting. He qualified as a Fellow of the Institute of Actuaries, UK in 2004 and became a Fellow of the Institute of Actuaries of India in 2008.

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    Re-Insurance

    Reinsurance is an insurance that is purchased by an Insurance company from one or more other insurance companies to manage the risk. Reinsurance helps in transfer of risk from one insurance company to another. It is also called “insurance for insurers” or “stop-loss insurance”.

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