The goal of this paper is to provide a critical overview of Moroccan insurance/pension fund investments in alternative … imposed by the regulator are not the real reasons why insurance companies / pension funds in our database reduce their … investments in the alternative asset market. The results also show that the barriers that deter Moroccan insurance/pension funds …

This paper investigates how loss-aversion affects individuals' decisions on savings and insurance purchase …. Specifically, this paper empirically tests if prospect theory's loss aversion decreases insurance demand and increases savings …-life insurance, which serves as a partial savings instrument. These individuals also hold a higher level of wealth than others …

This paper hypothesizes that loss aversion may decrease insurance demand and increase savings demand based on the … pure insurance, and they have a higher ownership rate of whole life insurance, which has a savings element. This paper also … for behavioral biases in insurance and savings decisions …

nonlife insurance companies contribute to stock market development …