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Determinants of Life Insurance Demand: Empirical Evidence from BRICS Countries
Risks, 2022 The life insurance industry has experienced phenomenal growth over the years. The broad aim of this study was to establish the variables that influence the demand for life insurance in the BRICS countries (Brazil, Russia, India, China and South Africa ...
Mmakgabo Pinkie Segodi +1 more
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SAGE Open, 2023 The government of Ghana and the National Insurance Commission have shown concern over the low insurance patronage in Ghana. In order to take the necessary steps to increase insurance patronage, there is the need to, among other things, find the ...
Phyllis Asorh Oteng +2 more
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EconomiesIncome is often viewed as the main determinant of life insurance demand. However, in the last two decades, the world’s life insurance penetration has continued to decrease even as income grows.
Kristio Rapi +3 more
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Drivers of life insurance consumption - an empirical analysis of Western Balkan countries [PDF]
Ekonomski Anali, 2021 Life insurance in the Western Balkan Countries is underdeveloped, but it has huge potential for development in the future. The scope of this article is to examine whether and how economic, socio- demographic, and institutional factors determine ...
Grabova Perseta, Sharku Gentiana
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Analysis of Life Insurance and Social Welfare Demand in Iran; Case Study of Parsian Insurance Company [PDF]
اقتصاد باثبات, 2021 Expanding life insurance prevents class gaps and poverty. The expansion of life insurance is closely related to the level of economic and social well-being in each country. For the purpose, in this study, the combined method of data panel was used.
Akbar Khodabakhshi, Kobra Ghasemi
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Factors influencing life insurance demand in Iran [PDF]
Iranian Journal of Insurance Research, 2012 Insurance is one of the most important elements which has an important role in decreasing the risk and ensuring financial and mental security and finally, creating required infrastructures for countries economic development.
E. Abasi, S. Derakhshideh
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Mathematics, 2023 This study presents a novel approach to analyzing the present value of total profit for non-participating and participating insurance policies in order to determine the optimal profitability of non-participating and participating insurance policies based
Chih-Te Yang +4 more
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Determination of the optimal premium of non-life insurance via the Stochastic Dynamic Programming method [PDF]
مدیریت صنعتی, 2020 Objective: One of the most important issues facing insurance companies is the determination of fair premium. The purpose of this study is to design a mathematical model for calculating the optimal insurance premium by maximizing the total expected ...
Maryam Rostamian +3 more
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Determinant of life insurance demand in Ethiopia
Journal of Economics, Business & Accountancy Ventura, 2018 Life Insurance plays an important role to insure against lifetime uncertainty resulting for the mortality risk of individual. Even though the performance of insurance industry contributes to smooth operation of the nation’s economy, the industry in ...
Mohammed Meko +2 more
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The dynamics of life insurance demand in Bangladesh: An empirical analysis of socio-economic influences [PDF]
Insurance Markets and CompaniesType of the article: Research Article AbstractThis study examines the influence of socio-economic factors on life insurance demand in Bangladesh using annual data from 18 life insurance companies between 2014 and 2023.
Shaikh Masrick Hasan +2 more
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