التكامل الاقتصادي

Assessing The Effectiveness Of Marine Cargo Insurance In Covering Maritime Risks: The Case Of The Compagnie Algérienne Des Assurances (caat)

Auteurs : Aib Hamza .

Résumé

The objective of this study is to assess the effectiveness of marine cargo insurance in covering maritime risks for goods shipped to Algeria. Using a case study approach, we analyze the different stages of the marine cargo insurance operation in the Compagnie Algérienne des Assurances (CAAT), namely underwriting, risk assessment, claims handling and compensation procedures. Our findings reveal that marine cargo insurance effectiveness at the Compagnie Algérienne des Assurances (CAAT) is determined by the interaction of policy type, coverage scope, premium pricing, claims handling, and indemnification practices. Open cover policies and comprehensive All Risks coverage provide superior operational performance and risk protection. In addition, risk-based premium pricing enhances coverage adequacy, while efficient claims handling—supported by timely reporting, complete documentation, and accurate loss assessment—improves claims processing and compensation. Finally, prompt indemnification and effective subrogation strengthen financial recovery for insured parties and improve insurers' claims management performance.

Mots clés

Marine cargo insurance ; Maritime risks ; Maritime transportation ; International trade ; Compagnie Algérienne des Assurances (CAAT)