The Drivers of Demand for Non-Life Insurance

    Proceedings of The 2nd International Conference on Advanced Research in Business, Management and Economics

    Year: 2019

    DOI:

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    The Drivers of Demand for Non-Life Insurance

    Nawaf A.Salem Alghusin and Hamad A.Kasasbeh

     

    ABSTRACT: 

    The purpose of this study is to examine the main factors that may determine non-life insurance demand in Jordan during the period 1990 to 2015. The study employed multiple regression model. By applying OLS regression, it has been found that income level, population size, trade activity and interest rate have significant effect on demand for non-life insurance in Jordan. These results are consistent with most of empirical researches in this area.

    Keywords: insurance demand, determination, OLS regression.