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 …

can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … respondent has a formal funeral cover increases with income and banking status. However, it is lower for individuals receiving … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover …