Towards a new prudential framework solvency II
Yacine Dahmani and
Arkoub Ouali
Additional contact information
Yacine Dahmani: UMMTO - Université Mouloud Mammeri [Tizi Ouzou] = Mouloud Mammeri University of Tizi-Ouzou
Arkoub Ouali: UMBB - Université M'Hamed Bougara Boumerdes
Post-Print from HAL
Abstract:
This work aims to present the solvency system currently in the insurance sector in Algeria, more precisely the Solvency I Directive. To identify the shortcomings and limitations of the prudential regulation and finally, to offer recommendations necessary to ensure the development of the activity of insurance in Algeria, and consequently the economy in general. Thus, to present the transition from the Solvency I prudential standard to the Solvency II prudential standard, which was implemented on the insurance market in Europe on January 01, 2016.Finally, the Algerian regulation cannot stay away from international reforms, including the Solvency II standard; it must adapt his system to comply with these standards.
Keywords: Insurance; solvency; prudential rules; solvency II; prudential standards. JEL Classification Codes : G22 G28 M16; prudential standards. JEL Classification Codes : G22; G28; M16 (search for similar items in EconPapers)
Date: 2023-12-30
New Economics Papers: this item is included in nep-ara and nep-ipr
Note: View the original document on HAL open archive server: https://hal.science/hal-04680573
References: Add references at CitEc
Citations:
Published in International Journal of Economic Performance - المجلة الدولية للأداء الاقتصادي, 2023, 06 (02)
Downloads: (external link)
https://hal.science/hal-04680573/document (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04680573
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD (hal@ccsd.cnrs.fr).