The Actuarial Society of Kenya

19/08/2026

Have-Nots in the Annuities Space

Ask a simple question: when we price an annuity in East Africa, whose lives are we actually pricing?

Issue #06 of Actuary East Africa carries a candid walk through the pricing model from the inside. The KE 2001–2003 and KE 2007–2010 assured lives tables are real achievements — built, peer-reviewed by TASK, and approved by the IRA. But they are assured life tables, built from life assurance experience, where policyholders die earlier than expected. For annuity pricing, the profession has leant on the UK a(90) and on South African bases like SAIML98 and SAIFL98.

The methodology is sound. The transformation is Kenyan. The underlying basis is still borrowed.

The bottleneck is not effort. It is data.

Read the full issue → actuarieskenya.or.ke/resources/actuary-east-africa-magazine

18/08/2026

THE INSURANCE GAP: A Strategic Blueprint for Growth in Emerging Markets
by Dr. Daniel Murage

Why does an industry built on the promise of security struggle to earn the trust of the very people it exists to protect?

In Kenya and across emerging markets, insurance pe*******on remains stubbornly low. This book investigates why, and then charts a practical path forward.

It offers actionable recommendations for insurers, agents, regulators and policymakers, alongside insights for scholars, students and development practitioners seeking to understand what drives or hinders insurance adoption.

Ultimately, it is a book for anyone who believes financial security should not be a privilege of the few but a possibility within reach for all.

Available on Amazon Kindle: https://www.amazon.com/dp/B0HCKZ5416
Hard copies: Nuria Bookshop, Kenya



Instagram / Facebook

17/08/2026

Ian Duncan is joining us in Mombasa this coming September 👏.
He is the 78th Society of Actuaries President Elect and Vice Chair and an Adjunct Professor of Actuarial Statistics at the University of California, Santa Barbara. He has founded or co-founded five companies, most recently Santa Barbara Actuaries Inc., which merged with Arbital Health in 2023.

His career has focused on advancing actuarial applications in health care, particularly predictive modelling and health risk adjustment. He helped define the frameworks that let providers, payers and Accountable Care Organizations measure risk, predict outcomes and build financially sustainable value-based models. Pearl Health named him one of the Top 50 Value-Based Care Thinkers of 2026.

He is a fellow of multiple actuarial societies, a member of the American Academy of Actuaries and a certified specialist in predictive analytics of the Casualty Actuarial Society. He has authored more than 70 peer-reviewed papers and several books, including Healthcare Risk Adjustment and Predictive Modelling. He holds a PhD in Actuarial Statistics from Heriot Watt University, Edinburgh, and a graduate degree in economics from Balliol College, Oxford.

He will be at the 11th TASK Annual Actuarial Convention .
Join the conversation. register now, and then we will see you at the coast.
Sarova Whitesands Beach Resort and Spa
29 September to 2 October 2026
https://lnkd.in/dB-hy7u

17/08/2026

Issue #06 of Actuary East Africa is out.
Inside this edition is Balancing Affordability and Sustainability in ESG Insurance Products by Nelly Mwenda, which asks the question the region can't avoid: how do you embed ESG in insurance without pricing out the very people it's meant to protect?
She unpacks:
• Why ESG raises complexity while affordability demands simplicity
• Climate exposure in agriculture, pastoralism and the informal economy
• Parametric and trigger-based payouts as a cost-efficient alternative
• How mobile-money rails and micro-premiums widen access
• Where AI improves pricing — and where it risks baking in data bias
Plus more research, insight and industry voices from across East Africa.
Read it here actuarieskenya.or.ke/resources/actuary-east-africa-magazine

13/08/2026

Bag ni ya nini?

Every AGM, the same bag shows up. This year what's inside it matters more than usual: the reviewed TASK Constitution, the summary of changes, and the constitution as it stands today.

Comments on the draft close tomorrow, Friday 14 August 2026 at 12:00 noon (EAT). Everything submitted goes to the Constitution Review Committee for final consideration.

Scan the QR on the poster to read the documents, then register for the AGM.

📅 TASK Annual General Meeting 2026
Monday, 31 August 2026 · Online, Microsoft Teams
🔗 www.actuarieskenya.or.ke

12/08/2026

🎙️ BE 1 IN A 1000 | Episode 3

If you haven’t watched Episode 3 yet, here’s a glimpse of what you’re missing. 👀

What does it really take to build a career that creates impact beyond the numbers?

Wangeci Mathenge, FIA, Head of Insurance and Impact Inclusivity Solutions, shares insights from her journey, experience and perspective on the evolving role of actuarial professionals.

This is only a snippet. The full conversation goes much deeper.

🎥 Watch the full episode on YouTube:
https://youtu.be/_saF-vrFEgg?si=6igVzLSZR7ABwgDJ

What does it take to build an insurance industry that is more inclu...

11/08/2026

Health insurers across East Africa and the Middle East already know her work. Now the rest of the room meets her.

Zainab Shikely, Actuarial Analyst at Zamara Actuaries & Administrators, leads health insurance actuarial engagements across the region — reserving, statutory valuations, IFRS 17 reporting and healthcare analytics. She also builds the automated Python, Power Query and Power BI solutions that turn messy healthcare data into decisions a board can act on.

At the 11th TASK Annual Actuarial Convention she presents From Reactive to Proactive: Using Risk Stratification and Predictive Analytics to Design Affordable Universal Healthcare.

The title says it plainly — most health systems are still reacting. She's making the case for the alternative, with the numbers to back it.

Register now, then meet her in Mombasa. 🇰🇪

📍 Sarova Whitesands Beach Resort & Spa
🗓 29 September – 2 October 2026
🔗 convention.actuarieskenya.or.ke

11/08/2026

Notice of the Annual General Meeting & Constitutional Vote

The Actuarial Society of Kenya will hold its Annual General Meeting virtually on Monday, 31 August 2026 at 3:00 PM EAT.

On the agenda: the Chairperson's Report, the audited financial statements, appointment of auditors, and the voting results and adoption of the revised TASK Constitution.

Voting on the proposed revised Constitution takes place electronically ahead of the meeting — opening Monday, 24 August and closing Friday, 28 August 2026. All members are eligible to vote. Voting instructions will be shared separately through official TASK communication channels.

This is a governance milestone for the Society. Members are encouraged to attend and participate.

🔗 Join on Microsoft Teams: https://teams.microsoft.com/l/meetup-join/19%3ameeting_YmY1ZDBiNzctMzQ0Zi00OGFiLTkzNmQtMDRkZDdkZGM2NjZm%40thread.v2/0?context=%7b%22Tid%22%3a%22d97e8592-d337-433f-a769-195bc3ebcc72%22%2c%22Oid%22%3a%220f97763f-29e9-44a3-80c5-68187c331235%22%7d

11/08/2026

Medical insurance in Kenya is generating more data than ever. The question is what we're doing with it.

Join TASK for The Pulse: State of Medical Insurance Analytics in Kenya — a conversation across reinsurance, health tech, consulting and industry.

🗓 Friday, 28 August 2026
🕚 11:00 AM EAT
💻 Microsoft Teams

Moderator: Sanau Kantai — Chair, GI & Health Working Party

On the panel:
• Cecilia Augustine — Acting Associate Director, Life & Medical, ZEP-RE
• Esther Muiruri — Smart Applications Group
• Ezekiel Macharia — CEO, Kenbright
•William Kiama — Association of Kenya Insurers (AKI)
• Sheila Kirika — Ecosystem Strategist · Insight Architect

With thanks to our President Lorraine Njue and the GI & Health Working Party for convening this conversation.

Scan the QR on the poster to join, or use Meeting ID 311 520 589 804 480.

10/08/2026

Here’s what’s happening at The Actuarial Society of Kenya this week and beyond.

From advancing conversations on medical insurance analytics and shaping the future of our Society, to preparing for the 11th Annual Actuarial Convention and taking the first mile towards a million trees, there’s plenty to look forward to.

Stay informed. Get involved. Save the dates.

🌳 Insurance Industry Run — 12 September 2026
📊 THE PULSE Webinar — 28 August 2026
🗳️ Constitution Voting — 24–28 August 2026
📋 TASK AGM — 31 August 2026
🌍 11th Annual Actuarial Convention — 29 September–2 October 2026



Caption 2 — More Engaging

A busy season is ahead at TASK!

This week’s update brings together opportunities to learn, participate, connect and make an impact — from THE PULSE and the TASK AGM to Constitution voting, the Insurance Industry Run and our biggest gathering of the year, the 11th Annual Actuarial Convention.

Mark your calendar and be part of what’s next for the actuarial profession in Kenya.