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- Title
DRIVERS OF THE DEMAND FOR LIFE INSURANCE IN MOROCCO: 1982 - 2010.
- Authors
Aguenaou, Samir; Baijou, Ahmed; Safi-Eddine, Hicham
- Abstract
Recently the life insurance industry has been growing in the Moroccan economy. In this context, this study aims to reveal and assess the determinants of life insurance consumption in Morocco over a period of 29 years (1982-2010). Following the literature on the subject, socioeconomic, financial and demographic explanatory variables were examined to assess their effect on the demand of life insurance in the Moroccan context. The results of an OLS regression analysis show a positive relationship between life insurance demand and financial development, health care expenditures and population. The nature of the relationship between the dependent variable and age dependency ratio was found to be negative.
- Subjects
MOROCCO; LIFE insurance; SOCIOECONOMIC factors; MEDICAL care costs; DEMOGRAPHY
- Publication
International Journal of Business, Accounting & Finance, 2015, Vol 9, Issue 2, p137
- ISSN
1936-699X
- Publication type
Article