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) …

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 …

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. …

worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …

How should intermediaries influence the insurance demand decision? The answer must refer to the interdependence of … essential for the insurance demand decision. Undoubtedly, consumers lack information about certain variables, and therefore … and to provide the correct information. Since the information in the insurance market is asymmetrically distributed, an …

purchases a good to compensate consequences of unfavorable events, such as an accident or an illness. Insurance policies in most … lines of insurance base indemnity on the insured's actual expenses, i.e., the insured would be partially or completely … reimbursed when purchasing certain goods. In this setting we discuss the interaction between insurance and repair markets by …

Recent events involving major insurance companies and insurance brokerage firms highlight substantial incentive … without intermediation. A controversial matter in the discussion concerning insurance intermediation is the issue of … by insurance companies. The rationale for the latter is the fact that a fee paid by uninformed consumers limits the …

transmission of this information will not cause any concern. Such a form of insurance is based on the principle of mutuality …. Research limitations/implications: Mutuality-based insurance is therefore a path based on solutions of the past (primary forms … of insurance), but at the same time is seen as a response to the lack of adaptation of insurance products to the actual …