La marchéisation des risques catastrophiques en Algérie, vers un mécanisme contemporain axé sur une gestion externalisée de l’assurance CAT-NAT (proposition d’une structure adéquate à la spécificité du cas Algérien)

The marketization of catastrophic risks in Algeria, towards a contemporary mechanism focused on an outsourced management of CAT-NAT insurance (proposal of a structure adapted to the specificity of the Algerian case)

Abstract

This study aims to focus on the "Cat bond" concept that embodies the transfer of catastrophic risks to financial markets, while trying to design a structure conducive to the Algerian case, the results of our study show that the Algerian state has imposed the obligation to take out insurance against CAT-NAT but it is clear that the penetration rate of this type of insurance remains low and that the establishment of a typical cat bond structure in Algeria disengages the public treasury in terms of catastrophic risk management and will have a positive impact on Algeria's public finances.