The Georgian Association of Actuaries and Financial Analysts (AAFA) was founded in 1998 on the basis of the Association of Statisticians in Georgia. It proudly became the first actuarial association in Transcaucasia. Two years later, AAFA joined the ranks of the International Actuarial Association.
Up until 2005, AAFA operated fully based on the personal efforts of the founders of the association. They had a vision and belief that one day actuarial science would get the attention it deserves. They set a mission in motion to attract and educate more people in the domain of actuarial science. Accomplishing the mission remains a challenge to this day.
AAFA currently has 30 members out of which 8 work in the Georgian insurance sector. Half of the members have internationally recognized actuary/actuarial analyst qualification or are on the road towards getting qualified.
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- Establishment of the Georgian actuarial association .pdf • 0,26 MB