الفهرس 
الاطار العام للدراسةيوجد فقط 14 صفحة متاحة للعرض العام
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المستخلص
Suggestion Framework for Achieving Safe Financial Mechanisms
In the Egyptian Insurance Companies
Abstract
The study aimed to formulate a general-purpose framework to manage the risk of financial ruin for Egyptian insurance companies by utilizing different types of reinsurance and investment policies; this was achieved through the following objectives:
o Determine the essential sources of risks that insurance companies may encounter, threaten their financial security, and identify the critical methods to protect insurance companies from the threat of ruin.
o Study how to use both different reinsurance and investment policies to protect the insurance company’s capital, thereby preventing the risk of financial ruin for insurance companies.
o Study how to use the Classical risk model or Cramér-Lundberg model through diffusion approximation model in following up the insurance surplus-value during different interval times.
o How to use diffusion approximation theory to minimize the expected discounted capital injections using stochastic control approach and the Hamilton- Jacobi- Bellman to find optimal policies for reinsurance and investment.
The most important conclusions and recommendations reached through this study were as follows:
o The financial ruin does not happen once; therefore, the study recommends the importance of following up and re-evaluating the insurance company’s financial state to achieve continuous financial security, and these go hand-in-hand with the necessity for the insurance company to establish different scenarios of risks that may arise.
o The ”Ruin Theory” is the most suitable tool used in the actuarial literature to determine the optimal policies in insurance companies, as it overcomes the weaknesses identified in other methods, including the assumption that the insurance company has a constant level of risk.
o It is important to activate Article No.43 of Law No.10/1981 and amended by Law No.91/1995, Law No. 156/1998 and Law No. 118/2008, which states ”A fund shall be set up and called a policy-holder guarantee fund and the relative beneficiaries of insurance companies registered at the Egyptian Insurance Supervisory Authority”.