Kohl, Sebastian; Römer, Matthias - In: The Geneva Papers on Risk and Insurance - Issues and … 50 (2024) 3, pp. 595-618
Existing research on how international insurance demand varies with income is largely driven by cross-sectional variation post-1970. Drawing on newly collected historical long-run data on life insurance premiums starting as early as 1850 to 2020 for 20 OECD countries, we evaluate the 'S-Curve'...