May 18th, 2016
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Acadia University
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MODELLING CLAIM FREQUENCY AND SEVERITY FOR MOTORINSURANCEKELVIN NYARIBO MAZINIJOSHUA ORANDI MOBISAA Research Project Submitted in partial fulfilment of the requirements for the Degreeof Bachelor of Science in Actuarial Science of Dedan Kimathi University of Technology2016DECLARATIONThis research project is our original work and has not been submitted for award of a degree inany other university...Joshua Orandi Mobisa.S030-0231/2012.............................DateKelvin Nyaribo MaziniS030-0252/2012.DateThis project proposal has been submitted for examination with my approval as the UniversitySupervisor.Cyprian Ondieki OmariDateiDEDICATIONTo our dear parents, colleagues and lecturers, we thank you all for this opportunity. May theLord bless you abundantly.iiACKNOWLEDGEMENTTo God be the glory and honour, for the grace and mercies during the entire period of study. Wethank you Lord for the gift of life and good health that you granted us. We would also like toextend our appreciation to all those that contributed tremendously towards the completion of thisresearch project.First and foremost, we are grateful to our supervisor, Cyprian Ondieki Omari, for his tirelessassistance, invaluable support, experience and initiatives which guided us in enriching andcompleting our research project.Se

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