Our New Website
We are proud to have launched our new website....
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Actuaries On Socio-Economic Issues
How Does Wealth and Marriage Affect Expected Life Span?
The role of actuaries is quite diversified and we take a look at the input of actuaries on socio-economic issues.....
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Actuarial Profession –a deeper insight
By phillip mafarachisi
The actuarial profession is a key and indispensable component of the financial services sector, which assess the financial consequences of risks that business organizations take and gives advice as to measures that should be taken to mitigate those risks in the future.
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Reserving Philosophy in General Insurance
Reserving is a fundamental aspect of business management. The apparent profitability of a business as well as its solvency is highly dependant upon the value of the reserve and the reserving philosophy. Most of the key financial performance statistics used by insurance company analysts depend in some way upon the reserve value.....
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Training Program for actuarial science
As a contribution to the development of actuarial skills which are scarce in Zimbabwe and indeed the world, African Actuarial Consultants runs a program in which students are mentored and supported to become fully accomplished actuaries.
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Employee Benefits Department
Background
Actuarial Employee Benefits department, headed by Barbara Machikicho is one of the technical departments of African Actuarial Consultants (Pvt) Ltd (AAC). Its history backdates to 1995 when it was formed as one of the departments in the actuarial division of former First Mutual Life Assurance Society of Zimbabwe which, at demutualisation became First Mutual Life Assurance Company, a subsidiary of Afre Corporation.....
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Meet the leadership team
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Actuarial Life Department
The Life department headed by Amon Kubiku, is dedicated to solely deal with life insurance, funeral assurance and medical insurance. The areas that are dealt with in the Life department are described below:....
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Banking Supervision – Base II Focus
Banking supervision is very important for the smooth running of banks as well as satisfying the regulatory authorities that all the various issues that need to be addressed timeously are indeed attended to.....
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AAC Marks 5 Years in Operation
Zimbabwe’s first independent actuarial company, African Actuarial Consultants (Pvt) Ltd, (AAC) was officially by the then Minister of Labour and Social Welfare July Moyo on 7 March 2003.....
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Regional expansion Gathers Momentum
The regional plans of African Actuarial Consultants continue to gather momentum, A few years from its launch in the region the African Actuarial Brand is now a household name in Africa.
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