Scholarlink

<p>The objective of our article is to examine and identify the determinants of non-life insurance demand, utilizing panel data from a sample comprising 24 OECD countries over the period spanning from 1996 to 2021. The econometric methodology employed relies on the generalized method of moments in both static and dynamic panel settings. The findings confirm that key economic variables, including GDP per capita, employment rate and foreign direct investment positively contribute to the expansion of the non-life insurance sector. Among demographic variables, urbanization and the number of internet users emerge as influential determinants of non-life insurance, whereas education is found to be non-significant, indicating no discernible impact on the sector’s development. Financial factors, such as inflation, exert a negative and significant influence on the demand for non-life insurance. Moreover, the results underscore that the quality of the legal and political environment plays a pivotal role in fostering the growth of the non-life insurance sector.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Exploring key factors shaping non-life insurance demand across OECD nations

  • 期刊论文

  • 发表日期：

    2026年4月11日

查看全文
  • Khaoula Mahmoud,
  • Ines Nasri,
  • Anyssa Trimech,
  • Saloua Benammou

摘要

The objective of our article is to examine and identify the determinants of non-life insurance demand, utilizing panel data from a sample comprising 24 OECD countries over the period spanning from 1996 to 2021. The econometric methodology employed relies on the generalized method of moments in both static and dynamic panel settings. The findings confirm that key economic variables, including GDP per capita, employment rate and foreign direct investment positively contribute to the expansion of the non-life insurance sector. Among demographic variables, urbanization and the number of internet users emerge as influential determinants of non-life insurance, whereas education is found to be non-significant, indicating no discernible impact on the sector’s development. Financial factors, such as inflation, exert a negative and significant influence on the demand for non-life insurance. Moreover, the results underscore that the quality of the legal and political environment plays a pivotal role in fostering the growth of the non-life insurance sector.