Dr. Pius Apere, an Actuarial Scientist and Chartered Insurer, who is also Chairman/CEO, Achor Actuarial Services Limited, has warned that the directive by the National Insurance Commission, NAICOM, that all life insurance companies must have, at least, one qualified actuary will exacerbate the shortage of actuaries in the country. A recent circular from NAICOM on annuity underwriting effective …
