The Effect of Economic and Social Factors on Life Insurance Demand in Iran and Commonwealth of Independent States (CIS)
Subject Areas : sociology
1 - استادیار گروه اقتصاد، دانشگاه پیام نور، صندوق پستی 3697-19295 تهران- ایران.
Keywords: C23, : life insurance, social and economic factors, panel data methods. JEL Classification: G22,
Abstract :
Nowadays life Insurance is one of the most important economic tools and it has several applications the most important role of it is securing the future of the family. Also life insurance is known as one of the major sources of funds and its saving role is more prominent. The aim of this study was to investigate the effect of social and economic factors (per capita income, inflation, interest rates, financial development, dependency ratio, education and life expectancy) on life insurance demand in Iran and CIS countries over the period 2001-2009 using the Panel data. Research findings show that per capita income levels, interest rates, the level of financial development, education and life expectancy are the most important factors affecting the demand for life insurance. In this regard, the young dependency ratio has an inverse relationship with the demand for life insurance.
باصری، ب.؛ و همکاران. (1390). عوامل موثر بر خرید بیمه عمر (مطالعه موردی شهر تهران). پژوهشنامه بیمه. سال بیست و ششم، شماره 1، صفحات 29-1.
پژویان، ج.؛ و دیگری. (1382). تخمین تابع تقاضای بیمه عمر و پیشبینی آن. فصلنامه صنعت بیمه. سال هیجدهم، شماره 1، صفحات 28-5.
سجادی، س. ج.؛ و دیگری. (1386). بررسی تاثیر متغیرهای کلان اقتصادی جمهوری اسلامی ایران بر تقاضای بیمه عمر. فصلنامه صنعت بیمه. سال بیست و دوم، شماره 2، صفحات 28-3.
صحت، س. (1386). تاثیر متغیرهای کلان اقتصادی بر بازار بیمه عمر. همایش ملی بیمه.
طالبنیا، ق. و دیگری. (1386). بررسی تاثیرات تغییر نرخ سود بانکی بر بازدهی بیمه های عمر در صنعت بیمه ایران. فصلنامه صنعت بیمه. سال بیست و دوم، شماره 2، صفحات 121-105.
عزیزی، ف. (1385). رابطه میان متغیرهای کلان اقتصادی و تقاضا برای بیمه عمر در ایران (1383-1369). فصلنامه مدرس علوم انسانی. دوره 10، شماره 4، صفحات 149-135.
مهرآرا، م.؛ و دیگری. 1384. تقاضا برای بیمه عمر در ایران و کشورهای صادر کننده نفت. مجله تحقیقات اقتصادی. شماره 74، صفحات 81-57.
Beck, T., and other. (2003). Economic, demographic, and institutional determinants of life insurance consumption across countries. World Bank Economic Review, 17(1): 51- 88.
Feyen, E., and others. (2011). What Drives the Development of the Insurance Sector. Policy Research Working Paper no 5572, World Bank, Washington.
Hwang, T. and others. (2005). A Cross-Section Analysis of The Determinants of Life Insurance Consumption in Mainland China, Hongkong and Taiwan. Journal of Risk Management and Insurance Review, 8 (1): 103-125.
Kjosevski, J. (2012). The Determinants of Life Insurance Demand In Central and Southeastern Europe. International journal of Economics and Finance, 4 (3): 237-247.
Lee, C. C. and others. (2011). How Does the Development of the Life Insurance Market Affect Economic Growth?. Some International Evidence. Journal of International Development, Forthcoming.
Lee, S.J., and other. (2010). Determinants of Household Demand for Insurance: The Case of Korea. Geneva Papers on Risk and Insurance, 35: S82-S91.
Sigma. (2012). World Insurance in 2012. Swiss Reinsurance Company Economic Research & Consulting, Zurich.
Yaari, M. (1964). On the Consumer's Lifetime Allocation Process. International Economic Review, 5 (3): 304-317.
Yaari, M. (1965). Uncertain Lifetime, Life Insurance and the Theory of the Consumer. Review of Economic Studies, 32 (2): 137-150.