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Get to know Actuarial Society of Zambia

The Actuarial Society of Zambia (ASZ) is the professional body for actuaries in the country, established in 2013 and formally registered in 2015. Its primary mission is to serve the public interest by promoting, developing, and upholding the standards of the actuarial profession in Zambia. The society works to provide a forum for professional development, set ethical guidelines for its members, and contribute to policy-making in the financial services sector, including insurance and pensions.

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Actuarial Society of Zambia

Zambia

Founded in

2008 (18 Years)

Founded

Last online: No recent activity

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2017

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

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From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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