The Risk Management, Economic Sustainability, and Actuarial Science Development in Indonesia (READI) project (2015-2021) was undertaken with the financial support of the Government of Canada provided through the Department of Global Affairs Canada (GAC), with the University of Waterloo serving as the Canadian Executing Agency (CEA). The project is housed in the Department of Statistics and Actuarial Science at the University of Waterloo. Additional funding was provided by Manulife Indonesia to support elements of the project to reach its goals.
The objective of the project was to establish Indonesia as a regional centre of actuarial excellence.
The project worked with a range of key stakeholders – including high schools and universities, the insurance and pensions industry, Indonesia’s professional actuarial association, and government agencies – to:
- Increase the number and quality of Indonesian actuarial science graduates available to Indonesian businesses, universities and government agencies;
- Strengthen the linkages between industry, government and educational institutions in support of actuarial science and risk management;
- Deepen the understanding of actuarial science and risk management as a profession.

Risk Management, Economic Sustainability and Actuarial Science Development in Indonesia (READI) Project undertaken with the financial support of the Government of Canada provided through the Department of Global Affairs Canada (GAC).
News
READI's Math Outreach Team in Padang
On August 28, 2018, READI's Math Outreach Team visited high school SMAN 16 in Padang, West Sumatera.
Intensive Training Co-Operative Education Program at the University of Waterloo
Co-operative (Co-op) Education is an educational model linking theory and practice through meaningful experiential learning. Co-op programs have been synonymous with the University of Waterloo for nearly 60 years, and have been implemented in numerous universities across Canada.
Mathematics and Actuarial Science School Visit in Manado
The READI Project Math Outreach Team visited several secondary schools in Manado, North Sulawesi. The half-day workshops welcomed participants from: SMA Kristen Irene, SMAN 9 Manado, SMAN 1 Manado, SMAN 7 Manado, SMAN 4 Manado, and SMA Katolik Rex Mundi.