We investigate the economic impact of stochastic endogenous extreme events and insurance in a growth model. Our … analytical results and computational experiments show that i) transparency of the insurance sector is the decisive requisite for … insurance fairly is preferable to an insurance industry which provides insurance with an overhead. …

The insurance industry plays a substantive vitality in the growth of the economy. However, there is limited literature … on the activities of the insurance industry and economic growth in Ghana. As one of the fastest-growing economies in sub … economy, of which insurance cannot be underscored. Moreover, proxies used to measure insurance for developing economies …

The financial system in the Kingdom of Saudi Arabia (KSA) has a history of relative soundness, particularly in banking … in the financial sector. The working hypothesis is that the insurance industry has improved its position, resulting in …

The staff report highlights that the insurance sector in Sweden is well developed and mature. The captive insurance … developments in the insurance sector of Sweden since 2002. The assessment is based solely on the laws, regulations, and other …

This paper analyses the impact of insurance sector development on economic growth based on a sample that includes 14 … employed and led to the following conclusions: (1) life insurance has no significant effect on economic growth in both panel … and individual countries, (2) non-life insurance positively affects economic growth in both panel and individual countries …

evidence on the insurance sector. Most of the existing empirical studies focus primarily on the banking sector. This article …This study tackles the debate on the relationship between insurance development and economic growth by providing new … applies linear dynamic panel-data approaches to examine the nexus between insurance (life insurance, non-life insurance, and …