extent to which risk transfer to insurance markets facilitates economic recovery. Our main results are that major natural …

Insurance use and economic growth in Latin America. Some panel data evidence …

; (6) mobilizing additional nongovernment resources via insurance (including social health insurance, and community and … private insurance); (7) increasing cost-recovery measures; and (8) increasing efficiency. The paper concludes that the chief …

Worldwide, the role of the insurance industry has grown in importance. A world without insurance would be much less … insurance mechanism. Therefore, insurance is an important prerequisite for stimulating economic growth. The purpose of this … study is to empirically assess the causality relationship between insurance and economic growth in 5 developed countries …

The purpose of this working paper is to examine the impact of insurance on economic growth, which will be performed on … two levels: theoretical, presenting most important channels of influence of insurance sector on economic growth, as well … direct impact of insurance on economic growth (basic model), the research has been expanded by the variables, which can …

Insurance plays an important role in the financial sector but while there is many research on the casual relationship … bank lending and economic growth is often ignored relationship insurance and economic growth. Among financial … intermediaries, insurance companies play an important role in carrying out the functions of the financial system. They play an …

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. …