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Notice Of Annual General Meeting

Notice is hereby given that the 78th Annual General Meeting of the Institute will be held at the Learning Centre of the Institute at the Ground Floor of Royal Insurance Building, 5, N.S. Road, Kolkata — 700 001 on Thursday, the 8th June 2023 at 05.45 p.m.

Institute will be held at the Learning Centre of the Institute at the Ground Floor of Royal Insurance Building, 5, N.S. Road, Kolkata

Welcome to
Kolkata Insurance Institute

Insurance education movement was started from East India, from Kolkata. The reason may be previously Calcutta was the capital of India and the cultural atmosphere of Calcutta as the best due to British infiltration. People of here became curious for more & more knowledge. This soil produced many insurance stalwarts and maximum number of Insurance Companies were established.

C.P.D

The need of having a Continuing Professional Development (CPD) Programme in India post Certification needs no emphasis. Practically, once a person becomes a Fellow or Assosiate of the Insurance Institute of India the journey ends there. There is no system to motivate a Fellow or Associate to update his professional knowledge. III’s CPD is designed as a system to motivate its Associate and Fellow members to update their professional knowledge. III’s CPD is also a system for rewarding Associates and Fellows who are actually involved in furthering the cause of Insurance professionalism through academics and practice.

In essence, III’s CPD program is a system to enable insurance practitionars to maintain and improve their knowledge, skills and personal efficiency for acheiving higher levels of professional excellence.

Frequently asked Questions

Yes you can enroll for the Licentiate examination if you have passed S.S.C. or any equivalent examination and completed 18 years of age. For CPAIM Course candidates should either be Graduate or Associates/Fellow of III.

The different kinds of courses available to the candidates are:

  • 1) Diploma course: The course basically consists of three levels of examination viz. Licentiate, Associateship and Fellowship (490 credit points) examination.

Yes. These are as under:

  • 1) Certificate Course on Foundations of Casualty Actuarial Science: The Insurance Institute of India has a certificate course titled “Foundations of Casualty Actuarial Science” (General Insurance) for the benefit of persons interested in the field of General Insurance Actuarial Science.
  • 2) Specialized Diploma: Specialized Diploma is specifically designed for those candidates who wish to acquire qualifications in specific branch viz., Marine,Fire, Health, Foundation of Casualty Actuarial Sciences, and Certificate program in advanced Insurance Marketing (CPAIM). Further information regarding the subjects can be obtained by referring to latest Examination Handbook available free of cost at III office in Mumbai as well as with Associated Institute across the country as well as on our website under professional examination link.
  • 3.) Surveyor’s Examinations: Institute is conducting the surveyors’ examination, on behalf of IRDA. For detailed information, Please see IRDA website:- www.irda.gov.in

Off-Line Examinations are conducted twice a year. (i.e. in April/May and October/November) through pen and paper. However ON-LINE (through computer) are being conducted quarterly basis.

Yes, all the Insurance Companies recognise the Institute’s diploma as one of the highest qualification in Insurance and they encourage their employees to appear for the Institutes examinations. The insurers in overseas countries also recognize the qualifications of the Institute.
The qualifications are also recognized by esteemed overseas institutes viz. Chartered Insurance Institute in UK, LOMA and CPCU in U.S.A. and Insurance Institute of Canada by offering exemptions to the Associates and Fellows of the Institute in the respective qualifications.

In respect of objective papers, candidate who obtains 60% or more marks in any one subject will be declared as having passed in that subject. However, Candidate appearing descriptive papers should score minimum 50 marks in individual subject.

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