Attachment Report

A REPORT ON INDUSTRIAL ATTACHMENT AT AFRICA MERCHANT ASSURANCE COMPANY LIMITED.

SCHOOL OF BIOLOGICAL AND PHYSICAL SCIENCES DEPARTMENT OF MATHEMATICS AND STATISTICS

PRESENTED BY:

ISAAC MURAMBI MUCHIKA REG. NO: ACS/050/12

BSc (Actuarial Science), Dip (Insurance AIIK), CSIA May, 2015

DECLARATION

I do hereby declare without any reasonable doubt that this Industrial attachment Report is my own original work and has never been presented before to the Faculty of Science for the award of Bachelor’s Degree in Actuarial Science of Moi University. No part of this report shall therefore be duplicated without my prior consent and that of the Company.

NAME ................................................................................. REG NO. ............................... SIGNATURE ...................................................................... DATE ........................................

AFRICA MERCHANT ASSURANCE COMPANY

INDUSTRIAL SUPERVISOR ................................................................................................. TITLE HELD .......................................................................................................................... SIGNATURE ..................................... DATE ........................... STAMP .................................

OFFICIAL MOI UNIVERSITY USE ONLY

The field of insurance has always been a source of inspiration for me during my entire academic career. To work in an insurance, to acquaint with its working mechanism was always a point of interest to me and God gave me a golden opportunity to complete my internship at Africa Merchant Assurance Company, one of the leading general insurance company in Kenya and well known in the regional market for its good reputation. I had a general idea about the insurance, but once I practically started the internship at AMACO, I realized the importance and significance of general...