Kenya's actuarial science dilemma
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Nairobi, Sept. 13 -- Since its introduction to the Kenyan education system in the late 90s, actuarial science has been synonymous with brilliant students, closely rivalling those studying medicine and engineering.
In the heydays, Sahib Singh Khosla, the president of the Actuarial Society of Kenya says, there were very few universities offering actuarial science, meaning fewer graduates, and easily available jobs.
"I studied actuarial science at the University of Nairobi, graduating in 2008. At that time, the course demand wasn't high. Shortly thereafter, the insurance regulator brought in some rules which meant we needed actuaries. We were among the pioneer graduates, who were then able to assist the industry in fulfilling these roles,"...
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