The insurance sector can play a critical role in financial and economic development. By reducing uncertainty and the impact of large losses, the sector can encourage new investments, innovation, and competition. As financial intermediaries with long investment horizons, insurance companies can contribute to the provision of long-term instruments to finance corporate investment and housing. There is evidence of a causal relationship between insurance...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2011/02/01
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Рабочий документ в рамках исследования вопросов политики
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WPS5572
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1
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1
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2011/02/01
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Disclosed
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What drives the development of the insurance sector ? an empirical analysis based on a panel of developed and developing countries
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life insurance
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