محددات استخدام أساليب التحوط المالي في شركات التأمين

الملخص EN

Insurance companies are exposed as a result of the exercise of various activities to many of the risks.

It have to deal with the specific risks in the field of activity such as : risk arising from the calculation of insurance premiums by less than necessary, and incorrect sizing of technical reserves, and unexpected changes in the frequency of claims, inadequate reinsurance and risk of common general nature to all types of business, such as incompetent management, etc.

[Mihaela, et al (2011)] The past decade has seen an alarming increase in the number of insolvent insurers.

Some of insolvencies resulted due to the rapid rise or fall in interest rates.

Others are caused by a loss of assets, commercial mortgages, and the deliberate use of financial derivative adding to natural disasters.

The rapid production of polices by inexperienced sales agents and are not aware of, insolvencies between reinsurers who support issued polices, and non-compliance with insurance legislation, and commit acts prohibited by the heads and directors of insurance companies impact on the others as well.

But despite the apparent disparate reasons for this insolvencies, where the primary factor was all one: inadequate practices for risk management.

In response to this, insurers precede their work generally based on the development of their systems for the management and control of risk in order to reduce their exposure to risk and to manage who endure amount of risk better.

In short, the industry turned to the risk management techniques as a way to improve their performance.

[Babbel et al 1997] This paper discusses the various methods of financial hedges in the life insurance industry where it is reviewing different ways to hedge financial hedging natural and traditional reinsurance contracts and the use of financial derivatives.

Determinants, advantages and disadvantages of each method had been clarified.