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Original scientific paper

https://doi.org/10.1080/1331677X.2014.952112

Life and non-life insurance demand: the different effects of influence factors in emerging countries from Europe and Asia

Simona Laura Dragos orcid id orcid.org/0000-0002-3037-3401


Full text: english pdf 515 Kb

page 169-180

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Abstract

Urbanisation, incomes and their distributions, and the population degree of education are relevant factors for the development of insurance sector. This study estimates the different effects of the previously mentioned factors for life and non-life sector. We used the econometrics of panel data on 17 emerging economies from Asia and Europe over a 10-year period. We showed that urbanisation influenced significantly the life insurance demand in Asia, but not in Europe. Also, education was found to be significant only for the non-life sector in both regions and income was nonsignificant in Asia for non-life sector.

Keywords

urbanisation; education; Gini index; insurance demand; emerging countries; panel data

Hrčak ID:

171321

URI

https://hrcak.srce.hr/171321

Publication date:

20.12.2014.

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