The Actuarial Society of Kenya (TASK) and the Nigerian Actuarial Society (NAS) held a discussion on Kenya’s Risk-Based Capital model. The NAS Council sought input on the Kenya’s as it seeks to help develop a similar model for the Nigerian insurance market.
The NAS team was represented by Miller Kingsley, Jolaolu Fakoya, Ganiu Shefiu, and its President Yeside Kazeem. Moses Mutuli, TASK’s President, took the team through Kenya’s risk capital regime, and the role the Society played for its realisation.
The discussion is part of TASK’s CONNECTING focus area; forging of relationships with key stakeholders in order to increase TASK influence with them. The stakeholders include the Society members, actuarial science students, individuals with interest in the actuarial profession, and regulators.
The acturial science discipline in Kenya hás come of age.
Around 2002,there we less than seven actuaries in the country.
Keep up the momentum.