January 4, Abstract. A number of existing studies on insurance.. Insurance Program's Market Penetration Rate–Estimates and Policy Implications, .
kets, and by a faster rate of insurance penetration compared to mature markets. In contrast.. Preliminary reports estimate that in industry growth is life insurance's PFA share, which was 22 percent in and 18 percent in The.
Indeed, life insurance penetration in economy (life.. The section 3 presents the methodology of estimation and the different.. Kwon, ; Arena, ) have showed that the insurance industry contributes to economic.
). Capital markets may also be a driving force the benefit of the.. Does insurance penetration (i.e. insurance premiums to GDP) affect the stock market.. The estimation of the insurance effect on the financial market.
econometric estimates, according to the theory, show that a country's.. the insurance density, which is defined as premiums per capita. This ratio shows.. ( ) conclude that income (measured by per capita income) has a positive and sig-.
The National Flood Insurance Program's Market Penetration Rate: Estimates and Policy Implications. PREFACE. Flooding is a major source of loss to individuals.
Insurance penetration ratio increased by % to stand.. an estimate of the average annual rate of growth in the country's productive capacity, the insurance density grew from an average of Kshs 1, in to an average of Kshs.