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The Reality of Tunisian Insurance Sector development: Organizational Structure

Author

Listed:
  • Mohamed Iheb Hathat

    (School of Insurance and Economics, University of International business and economics (UIBE), Beijing, China.)

  • Ahmed Hessen Abdelaal Amar

    (PhD student at University of International Business and Economics (UIBE), Beijing, China. &Â Assistant lecturer, Assiut University, Egypt.)

Abstract

This study explores the development of the Tunisian insurance sector, focusing on its organizational structure. Through a mixed-methods approach, the research examines the historical evolution, regulatory impacts, and structural changes. Findings indicate that late 20th-century liberalization policies increased competition and product diversity while adopting advanced regulatory frameworks like Solvency II enhanced risk management and financial stability. Strategies and innovations have improved service delivery and operational efficiency, and decentralized organizational structures have boosted agility and market responsiveness. However, market concentration and regulatory enforcement challenges persist, limiting the sector's full potential. This study provides valuable insights for policymakers, industry professionals, and investors in the Tunisian insurance market.

Suggested Citation

  • Mohamed Iheb Hathat & Ahmed Hessen Abdelaal Amar, 2024. "The Reality of Tunisian Insurance Sector development: Organizational Structure," International Journal of Science and Business, IJSAB International, vol. 40(1), pages 19-49.
    • Handle: RePEc:aif:journl:v:40:y:2024:i:1:p:19-49
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    References listed on IDEAS

    as
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    4. Arena, Marco, 2006. "Does insurance market activity promote economic growth ? Country study for industrial and developing countries," Policy Research Working Paper Series 4098, The World Bank.
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