| dc.contributor.author | Opondo, Francis O | |
| dc.date.accessioned | 2013-05-21T15:01:30Z | |
| dc.date.available | 2013-05-21T15:01:30Z | |
| dc.date.issued | 2008 | |
| dc.identifier.citation | M.Sc (Actuarial Science) | en |
| dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/24233 | |
| dc.description | Master of Science Thesis | en |
| dc.description.abstract | This paper discusses how credibility theory can be used in rating a micro
insurance product. It starts by defining micro insurance and explaining its role in
an economy and particularly for the low income group. The paper further gives a
description on how to design a Micro Insurance product, the need of regulatory
authorities and the terms of reference for the design and the role the Actuary is
expected to play. The paper finally applies the credibility theory and uses the
Kenyan insurance ten years industry data to calculate risk premium for the
various classes. | en |
| dc.description.sponsorship | University of Nairobi | en |
| dc.language.iso | en | en |
| dc.title | Application of credibility theory in the rating of micro-insurance products | en |
| dc.type | Thesis | en |
| local.publisher | School of Mathematics, University of Nairobi | en |
