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Covid-19: Algeria seeks a coverage system

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Magazine Issue: 
The pandemic risk, insurers’ future Eldorado [3]
Magazine date: 
Jul 2020

Covid-19The Algerian Union of Insurance and Reinsurance Companies (UAR) has created a think tank to establish an exceptional system of health risks coverage.

According to Youcef Benmicia, President of the UAR, Algerian insurance companies [4] cannot face alone the consequences of a pandemic. Upon this premise, the UAR is considering insurance and reinsurance mechanisms to provide solutions for the consequences of crises such as Covid-19. For the UAR, any solution requires the intervention of the State.

Experts might be inspired by the system set up a while ago to cover natural disasters in Algeria.

Thu, 17/09/2020 - 09:43

Source URL: https://www.atlas-mag.net/en/article/covid-19-algeria-seeks-a-coverage-system

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[3] https://www.atlas-mag.net/en/issue/pandemic-risk-future-eldorado-of-insurers
[4] https://www.atlas-mag.net/en/article/ranking-of-insurance-companies-in-algeria-2018