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Does childhood traumatic experience affect household life insurance demand in middle and older ages? Evidence from the 1959-1961 Great Chinese Famine

Applied Economics Letters, 2023
Childhood unexpected trauma casts a lifelong shadow on subsequent financial behaviours. The existing literature has mainly investigated stock or bond market participation, and few scholars focus on insurance decisions. Our paper enriches previous studies
Xiangwen Zheng, Xiaolin Li, S. Qin
semanticscholar   +1 more source

Investor confidence and life insurance demand: can economic condition limit life insurance business?

International Journal of Emerging Markets, 2021
PurposeLife insurance is bought with a prior belief that promise stipulated in policy will be honored when due. Discernibly, this belief is backed by the confidence that financial markets and economy will demonstrate satisfactory performance.
Danish Ahmed   +2 more
semanticscholar   +1 more source

Investor’s sentiment and non-life insurance demand during economic impairment: a big dataset analysis

Other Conferences, 2021
This paper examines the impact of investor’s sentiment on non-life insurance demand during economic impairment period. We used initial dataset of thirty-three (33) OECD countries over the period from 2007 to 2016 and employ biascorrected bootstrapping ...
Danish Ahmed, Yuantao Xie
semanticscholar   +1 more source

Demand for Life Insurance

The Journal of Risk and Insurance, 1968
This paper explores the possibilities of making fairly complex multi-variable demand forecasts for life insurance sold by utilizing readily available published data, plus an existing computer program available to everyone. The thinking behind this experiment was that if a good demand forecast could be made in this manner, insurance companies could have
George Mantis, Richard N. Farmer
openaire   +1 more source

‘Growing out of the growing pain’: Financial literacy and life insurance demand in China

, 2020
Despite China being the third largest life insurance market in the world, only 114 m Chinese people out of a population of 1.4bn hold life insurance. As a result, insurance companies face serious problems.
Hongyang Wang   +3 more
semanticscholar   +1 more source

An International Analysis of Life Insurance Demand

The Journal of Risk and Insurance, 1993
Introduction The service sector of the world economy has grown substantially since World War II. In 1989, the service sector accounted for approximately 60 percent of the world's gross domestic product (United Nations Conference on Trade and Development, 1990). The worldwide insurance industry, which makes up a significant portion of the service sector,
Mark J. Browne, Kihong Kim
openaire   +1 more source

Demand for Life Insurance: Comment

The Journal of Risk and Insurance, 1970
In a recent issue of this Journal, Mr. G. Mantis and Professor R. N. Farmer propose a model for predicting future total demand for life insurance.' The purpose of this comment is to suggest that the particular model developed by the authors is useless for predicting purposes.It will be shown that arguments can be raised as to the validity of the ...
openaire   +1 more source

An Examination of the Demand for Life Insurance

Risk Management and Insurance Review, 2003
AbstractFor almost 50 years researchers have sought to explain consumer behavior concerning the purchase of life insurance. This study examines the literature relating to specific demographic and economic factors that may be identifiable as traits influencing the demand for life insurance, and discusses general environmental issues that may relate to ...
openaire   +1 more source

The Demand for Life Insurance: An Application of the Economics of Uncertainty

The Journal of Finance, 1980
ABSTRACTFinancial economists typically assume that capital income uncertainty, derived from investments in uncertain returned marketable securities, represents the major source of household consumption uncertainty. But, for many households, if not most, labor income uncertainty dominates capital income uncertainty.This study analyzes households optimal
openaire   +1 more source

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