Recently continuous increasing in the contribution of Service Sector in GDP of Indian Economy, Life Insurance Sector is … Insurance Sector and still numbers of companies are preparing to enter into this sector. IRDA is playing its crucial role in … managing all this efficiently in interest of general public.In this scenario, Life Insurance sector has also faced downward …

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 …

separating equilibrium in which each agent obtains an actuarially fair insurance. If the individual health types are unobservable …

fair perfect insurance. In the SE all agents are savers throughout their lives. The informational asymmetry precludes the … rather small, whilst those of PE versus no annuities at all (NAE) are rather large. An imperfect insurance is better than no … insurance at all, both at the microeconomic and at the macroeconomic level …