The objective is to examine the determinants of the relationship between insurance growth and economic development … factors that affect the demand) and the development side (insurance is a determinant of growth) …

develop these insights through analysis of the Friendly Society Movement, a previously untapped and rich history of insurance …

stochastic framework. More precisely, I analyse weather index insurance that guarantees farmers an indemnity payment contingent … location is near a weather station, and distant farmers. Results show that the latter ask for less than 50% insurance coverage … trust and a lack of knowledge about the insurance. I can show that a lack of trust reduces insurance demand most for close …

This paper investigates the impact of insurance on stock market development in 37 developing countries over the period … 1987-2011. By controlling for the potential endogeneity bias, we show that the insurance premiums significantly increase … promotes the deepening of financial market. Thus, the results argue for insurance policies promoting and an improvement of the …

Our paper analyses the effect of natural catastrophes on insurance demand in a developing economy and the specific role … of insurance regulation in this relationship. We base our analysis on a theoretical model as well as a panel regression … insurance regulation in recent years. The theoretical results indicate that a loss experience should have a less positive effect …