Date: Wed, Jan 19, 2022 at 8:36 PM

Subject: Sad news of the death of Sri R.RAMAKRISHNAN,former Chief Actuary

DEAR ALL,

1)The news of the death of veteran Sri RRamakrishnan today morning is shocking .That it is covid makes it more worrisome,as latest variant Omicron gripping last few weeks has not created a stir or storm,as with any number of discussions on many TVChannels,some extra care ,isolation home quarantine 7 days enough as many certified.Except for hearing problems because of age 87,few months before for his exhaustive,lucid article on LIC & DISINVESTMENT,Part 1,Part 2, we kept in touch,he spoke to me too twice,responded graciously. I widely circulated to Many.I also sent separately toChairman.4 MDs & few EDs.Also to ZMSZ & 4 RMs.He always send to Sri RKsahni to insert in his famous blog & to me for wide circulation.
2)RR retired as Chief Actuary,LIC.His contribution to LIC & the WORLD of Insurance,Life & General is IMMEASURABLE & UNFORGETTABLE.Lesson we learn is WORK,CONTRIBUTE,ENRICH ALL AROUND,The series of Assignments he took upon as he got call from many quarters & Nations for his unbridled,pragmatic PROFESSIONALISM through the Barometer & Yardstick of complicated Actuarial Science ,shorn of terminologies & shibboleths & formulae,condensed in simple,understandable language is a GIFT he has assuredly left TREASURE of such thinking on EVERY VITAL CRITICAL ISSUE affecting or afflicting policyholders ,stakeholders,& vibrant field force.

3)His Blog Article 8/2013,Impact of New IRDA Regulations & his earnestness to inform consequences & advice to Agents & Dev Officers requesting me to send to as many agents & DOs,which I did, points out his burning desire to assist those likely to be concerned on the impact of such regulations in overall interests.So too ‘FDI in Insurance Sector’ indicating caution signals to be alerted.RR must have been furious when he read Article in Business Today by some critic, showing LIC in poorer light as compared to HDFC Standard & ICICI Pru. He demolished their arguments with facts & figures,& pointed out their fallacy. When Sri Harish Ganatra,Nashik,CGM ,New India Retd abroad & India, showered praise on RRs Articles ,characterised as MASTERPIECE,RR obliged an Article on NON-Life ,& Point by point,Step by step,Para by para, RR pinpointed difference of Life with GI & HG thanked RR profusely enabling futuristic projections,termed as Thought- Provoking.. 4)RR contributed a Series of Scintillating Articles on Life Insurance in the HINDU ,many benefited by its delineation with simplicity ,clarity & coherence.

RR,Myself,PaulDiamond,& other Faculty ,AIM,Academy of Insce Marketing,thrilled the Trainees,Agents,Dev Officers,Special Sessions for ChairmansClub Members,. MDRT Agents,run then by late Sri KChandrasekaran,.Ace DO,former GS,NFIFWI, redoubtable Teacher & Trainer,1st Prize in FFII &privileged to pass in flying colours Subject of Actuarial Science.
5)RR was an active Member of crucial high-powered Malhotra Committee of Insurance Reforms conducted at Kolkata,when Mr BRSethi earmarked me,then RM P&IR for overall conduct & smooth functioning & care of all Topnotch Personalities with then LIC Chairman Sri NNJambusaria. Committee constituted by me did that tremendous job in an exemplary manner EZO earned praise unqualified & at airport,Top Leaders congratulated me& colleagues & said, ‘if it had been GIC,aberrations could come,splendid,keep it up" There is no Top Committee or Expert group constituted by Govt in which RR would not be there.Such was his Stature.

6) RR was easily approachable. He was a Humourist.He was a Friend,Philosopher & Guide.Once when he wished Happy Friendship Day,2August,not only he defined F ew,R elations, I n, E arth, N ever , D ie .Added Sharing Information is HUMANITY; Helping others is DIVINE. Dont just say it is IMPOSSIBLE without making sincere effort.He continued, Observe the Word carefully,cool thinking,coming closer will attract I’M POSSIBLE
7) RR responded to RIEA Chennai appeals, for LFDonation.Earlier,when he got Gratuity arrears,he handed over a gracious,handsome donation to RIEA/AIRIEF

8)Still earlier years he sent many immortal pieces of thought, ‘Things get better with Age, Life is too short,See it through,The Flower & the Thorn, The Tailors Needle, & more. ending Regards, RAM.
9) Sometimes Inside Story ‘when Sri CDDeshmukh came under pressure to bring LIC under CAG Audit,he remarked that he would rather abandon Nationalisation than calling CAG to audit LIC.He was certainly a Visionary,’ RR added.
10)That RAM, RRamakrishnan is no more.The affable,soft,suave, gentle,incisive,more so ensuing months are critical,no faultlines should happen,MegaIPO & aftermath work culture ,intense Competition,the whole world will have Great Expectations. Sri RR Blog is ramvijay3539 or blogspot,in Email ,id ramvijay3539
11)May his soul rest in peace.May the Almighty shower strength & courage for family to bear this irreparable loss .Pensioners are in grief,LICians lose a Stalwart.Actuarial world is in gloom.

Yours mournfully,
RBKISHORE

PATRON,AIRIEF,

ED(Retd),LIC
Life Member,Probus Club
044-2815 5810 & 098 4034 0591 .
www.airiefvision.wordpress.com

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