This study investigates the role of insurance in economic growth on a panel of forty-eight countries in Africa for the … period 2004-2014. The research question the study seeks to answer is the following: what thresholds of insurance penetration … positively affect economic growth in Africa? The empirical evidence is based on Generalized Method of Moments. Life insurance …

This paper aims to review the role of insurance on economic growth and to analyse challenges and prospects of insurance … contribution of insurance on economic growth and prospects as well as challenges of insurance sector in the context of Bangladesh …. Insurance has significant contribution on economic growth of a country that facilitates to create a strong capital base and gain …

. In periods in which one of the agents needs extra consumption (insurance), it is socially optimal to reduce the … state of the economy. The provision of insurance that is implemented by reducing capital accumulation deteriorates the …

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. …