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 …

life insurance to the UK banking sector, and concludes that contagion is driven by banks' ownership of life insurance … employs an event study technique to assess the significance of interlinkages from the UK life insurance sector to the UK … banking system in times of stress. The paper uses a thorough methodology to enhance standard event study techniques by …

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 …

The aim of this paper is to empirically study reputation risk management in the US and European banking and insurance …