EN :

In this article, Mr. Robert Bertaux looks at how French firms use assets in reserve to guarantee their insurance contracts issued by French companies. ln addition to various stocks, shares and real estate investments, private and public insurers take an active interest in small and medium size companies and regional development corporations. In this manner, private or nationalized French life assurance firms fulfill one of their major roles while securing the solvency they need for their portfolio.

FR :

Nous sommes très heureux de présenter à nos lecteurs cet article consacré au 75e anniversaire de l’École des Hautes Études Commerciales de Montréal. Quand on étudie son histoire, on se rend compte des services qu’elle a rendus au Canada. On constate également l’importance prise dans le milieu par ses diplômés, tant au Canada qu’à l’étranger. Nous remercions M. Pierre Harvey d’avoir bien voulu nous initier à l’enseignement qu’on y donne d’abord, puis aux résultats obtenus.

EN :

The author reviews the main elements of the insurance premium from a legal and technical standpoint, in view of the applicable provisions of the civil code. In addition he explores the peculiarities of the premium, with respect to automobile insurance as well as the fiscal aspects. These thoughts on the premium, while in context with the new taxation on the premium, established on April 24th 1985, indicate that it is closely connected to the insurance transaction in its principles and applications.

EN :

An insurance portfolio must be compatible with the company, and certain general rules must be followed. This is the approach taken by Mrs. Fortin in this article which is, in fact, an introduction to investment portfolio management.

EN :

Fluctuations in foreign exchange rates are not a reinsurance problem as such. However, when these are substantial from one year to the next, they must be taken seriously. In trying to show why, the authors of this article point out, for example, how excellent underwriting results can, in fact, become disastrous, or, on the other hand, be even better than expected. lndeed, exchange rates are so important that insurers should take measures to protect themselves against sizeable, unexpected losses, year after year, when one currency is exchanged for another.

EN :

What, exactly, do "Leasehold lmprovements" mean? And who should insure them to see that the insurance interest rule is applied? Here, the author strives to explain this often used, yet generally vague, expression.