International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Open Access | Fully Refereed | Peer Reviewed

ISSN: 2319-7064

Downloads: 1

Research Paper | Mathematics | Congo (DRC) | Volume 10 Issue 5, May 2021

Solvency and Reinsurance Treaty of an Automobile Portfolio: Case of Sub-Saharian Countries

Bukanga Maheshe Crispin, Mabela Makengo Matendo Rostin

The objective of this article is to analyse the actuarial solutions necessary to safeguard the solvency of an automobile portfolio, particularly for sub-Saharan countries. In the majority of Sub-Saharan countries motor civil liability is compulsory, it is the most important branch: In the CIMA zone (Inter African Conference of Insurance Markets), motor and health insurance make up 60% of the turnover of all 163 insurance companies (6). If the motor industry is badly managed, this can even lead to the insolvency of the insurance company. Faced with the internal needs of insurance companies to better control the underwriting risks of affaires and to adapt to the new and more demanding regulations regarding the quantification risks (Solvency II for Europe for example, with a Solvency Capital Requirement, the coverage is 99.5% of the risks not foreseen at one year (1), another striking example is CIMA's decision, which requires all insurance companies in French-speaking countries to multiply their minimum social capital by 5 progressively, tripling it in 3 years and quintupling it in 5 years (2). . . ), the empirical methods traditionally used have been replaced by probabilistic methods, based on modelling the annual frequency of claims and their ultimate individual severity. In order for the probability of an insurer's ruin to remain below a desirable threshold, according to ( (8)RIMI, 2015), the insurer mainly has 4 means at his disposal which he uses jointly: loading the pure premium, setting up a reserve allocated to the risk, calling on reinsurance, using financial products.

Keywords: Bonus-malus system, thirst for bonus, excess of loss reinsurance, provisioning, a priori car pricing

Edition: Volume 10 Issue 5, May 2021

Pages: 571 - 577

Share this Article

How to Cite this Article?

Bukanga Maheshe Crispin, Mabela Makengo Matendo Rostin, "Solvency and Reinsurance Treaty of an Automobile Portfolio: Case of Sub-Saharian Countries", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=SR21508171605, Volume 10 Issue 5, May 2021, 571 - 577

Enter Your Email Address


Similar Articles with Keyword 'system'

Downloads: 160

Research Paper, Mathematics, Nigeria, Volume 6 Issue 8, August 2017

Pages: 1893 - 1895

Integer Linear Programming Applied to Nurses Rostering Problem

A. A. Maidamisa, H. A. Odiniya

Share this Article

Downloads: 179 | Weekly Hits: ⮙2 | Monthly Hits: ⮙2

Research Paper, Mathematics, China, Volume 9 Issue 7, July 2020

Pages: 1277 - 1281

Different Numerous Systems Correspond to Different Universes: Revealing the Secret behind Nikola Tesla Code of 3, 6, 9

Tao Jia

Share this Article

Similar Articles with Keyword 'for'

Downloads: 146 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1

Research Paper, Mathematics, India, Volume 6 Issue 11, November 2017

Pages: 1792 - 1796

A Study on Graph with Desmos through ICT in Diploma in Elementary Education of Tamil Nadu State Board

P. Charles Paul, G. Thulasi

Share this Article

Downloads: 160

Research Paper, Mathematics, Nigeria, Volume 6 Issue 8, August 2017

Pages: 1893 - 1895

Integer Linear Programming Applied to Nurses Rostering Problem

A. A. Maidamisa, H. A. Odiniya

Share this Article

Similar Articles with Keyword 'excess'

Downloads: 107

Research Paper, Mathematics, India, Volume 5 Issue 8, August 2016

Pages: 1356 - 1359

Mathematical Model of Minimal Repair for Excess Diuresis and Natriuresis during Acute Sleep Deprivation in Healthy Adults

Geetha.T, Sangeetha.B

Share this Article

Downloads: 140

Research Paper, Mathematics, India, Volume 5 Issue 10, October 2016

Pages: 760 - 762

Age Group of Children Affects the Obesity Problem using Intuitionistic Fuzzy Soft Matrix

Dr. N. Sarala, I. Jannathul Firthouse

Share this Article

Similar Articles with Keyword 'loss'

Downloads: 110

Case Studies, Mathematics, Indonesia, Volume 6 Issue 3, March 2017

Pages: 1505 - 1506

Modeling Insurance Claims using a Compound Distribution

Roslina Magdalena Lumbanbatu, Fronita Girsang, Ita Yapulina Br Surbakti

Share this Article

Downloads: 116

Research Paper, Mathematics, India, Volume 3 Issue 6, June 2014

Pages: 2757 - 2760

An Unsteady Mathematical Model of Human Dermal Region Due to Temperature Distribution of Artirel Blood Flow in Cold Atmosphere

Yogesh Shukla, Sonia Shivhare

Share this Article

Similar Articles with Keyword 'reinsurance'

Downloads: 123

Research Paper, Mathematics, China, Volume 5 Issue 6, June 2016

Pages: 1876 - 1879

The Optimal Dividend Problem in the Continuous- Time Compound Binomial Model Under the Reinsurance Control

Yan Guo, Dingjie Fu

Share this Article

Downloads: 126

Research Paper, Mathematics, China, Volume 5 Issue 6, June 2016

Pages: 563 - 569

Optimal Dividend and Financing Control Problem in the Risk Model with Non-Cheap Proportional Reinsurance

Ye Liu, Danfeng Zhao

Share this Article
Top