2026· International Journal of Research in Education Humanities and Commerce· Vol 07, pp. 380-386· 0 citations· 9 references
Abstract
The liberalization of the insurance sector in the Democratic Republic of Congo, established by Law No. 15/005 of March 17, 2015, profoundly transformed the national insurance landscape by ending the monopoly of the National Insurance Company (SONAS). This study analyzes the evolution of insurance operators and their impact on the Congolese market through insurance premiums and the penetration rate. Using documentary and analytical methodology, we demonstrate that liberalization led to an exponential multiplication of actors, from a single operator in 2018 to 60 approved operators in 2024. Premiums increased from USD 66.75 million in 2018 to USD 377.89 million in 2024, representing growth of 466.15%. However, the penetration rate remains low (0.53% of GDP in 2024), well below the African average (3.5%). These results call for balanced regulation to preserve the competitiveness of the historical operator while promoting insurance inclusion.
The promulgation of Law No. 15/005 of March 17, 2015 establishing the Insurance Code in the Democratic Republic of Congo ended the monopoly of the National Insurance Company (SONAS) and opened the sector to national and international competition. This major legal transformation raises the fundamental question of protec...
Guy Angbongi Gongwa, Bofoe Lokangu, Musambay Ramazani et al.· International Journal of Res...· 0 citations
For more than a decade, business activity in the Russian Far East (FEFD) has relied on the system of tax and social insurance incentives under the Territories of Advanced Development (TAD) and the Free Port of Vladivostok (FPV); over this period, more than 200,000 jobs were created and over 5.5 trillion rubles were inv...
The aim of the study was to analyse insurance as an instrument of financial protection, its effectiveness and prospects in the context of the Kyrgyz economy. The study examined the dynamics of key macroeconomic, banking and insurance indicators, distinguishing observed data for 2020-2024 from forecast values used in th...
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Insurance is a vital financial mechanism that protects policy holders against various risks through the pooling, sharing and management of potential losses. Beyond individual protection, the insurance sector contributes significantly to economic stability, capital formation and growth by mobilizing premium-based funds...
Vivek Srivastava· Canadian Journal of Marketin...· 0 citations
Interest rate policy is one of the main instruments used by a central bank to ensure price stability and preserve macroeconomic equilibrium. In the Democratic Republic of Congo (DRC), the significant increase in the Central Bank of Congo's (BCC) key interest rate starting in 2023 is taking place against a backdrop of s...
Ngandu Lushimbula Glory· INTERNATIONAL JOURNAL OF SOC...· 0 citations
In Catalonia, Spain, a singular and unique model of medical professional liability insurance has been developed. This model is regarded as highly beneficial, providing substantial benefits to professionals, the government, citizens, society, and patients. Its main feature is the delegation of the management of claims t...
Juan Ignacio Morales-Ferrero, Carles Martin-Fumadó, J. Arimany-Manso· Global Health Economics and...· 0 citations
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