Date:20/05/2005 URL: http://www.thehindubusinessline.com/2005/05/20/stories/2005052002480600.htm

Back Mortality bureau on the cards

Our Bureau

Hyderabad , May 19

THE Life Insurance Council, representing life insurance companies, has joined hands with the Actuarial Society of India to float a joint venture `Mortality and Morbidity Investigation Bureau'.

A memorandum of understanding to this effect was signed by the Life Insurance Council Secretary General, Mr S.V. Mony, and the ASI President, Mr Liyaquat Khan, here on Thursday.

The basic objective of MMIB is to study the recent trends in and acquiring more data and information on mortality, morbidity and other specific risk-related contingencies in life insurance.