Why acturial business is a lucrative undertaking Amos Kareithi
Publication details: Nairobi The Standard Group Wednesday, January 21 2009Description: p.9 [Crime, Courts and Investigations], The Standard, January 21 2009Subject(s): Summary: An actuary deals with the financial impact of risk and uncertainty. The field is not for the faint hearted as clearly demonstrated by the scarcity of qualified professionals worldwide. Many actuaries are general business managers or financial officers who discount risky future cash flows in insurance businesses. Some act as witnesses in court trials to estimate the economic values of losses such as lost profits or lost wages.
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An actuary deals with the financial impact of risk and uncertainty. The field is not for the faint hearted as clearly demonstrated by the scarcity of qualified professionals worldwide.
Many actuaries are general business managers or financial officers who discount risky future cash flows in insurance businesses. Some act as witnesses in court trials to estimate the economic values of losses such as lost profits or lost wages.
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