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Insurance Industry In Eritrea - Achievements And Challenges

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  • Rena, Ravinder

Abstract

The industrial revolution led to the birth of different types of insurance systems. Insurance business emerged and developed in Eritrea during the Italian period. The insurance industry in Eritrea has been huge profits from its inception in 1992. In spite of the consistent profits by the insurance, the Government privatised it recently due the policy and revenue requirements. An attempt is made in this paper to discuss the background of the insurance and it evolution and development. This paper focuses on achievements and challenges of Eritrean insurance industry after independence. The paper attempts to synthesise diverse viewpoints, protect confidentiality and offer insights into the ever-changing insurance environment in Eritrea.

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File URL: http://mpra.ub.uni-muenchen.de/10762/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 10762.

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Date of creation: Feb 2007
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Publication status: Published in Osmania Journal of International Business Studies 1.2(2007): pp. 140-146
Handle: RePEc:pra:mprapa:10762

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Keywords: Eritrea; Insurance Industry; challenges and achievements;

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References

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  1. Levine, Ross, 1996. "Financial development and economic growth : views and agenda," Policy Research Working Paper Series 1678, The World Bank.
  2. Rena, Ravinder, 2004. "Challenges for Food Security in Eritrea -- A Descriptive and Qualitative Analysis," MPRA Paper 10312, University Library of Munich, Germany, revised 21 Feb 2005.
  3. Ravinder Rena, 2005. "Challenges for Food Security in Eritrea: A Descriptive and Qualitative Analysis," African Development Review, African Development Bank, vol. 17(2), pages 193-212.
  4. Arnaldo MAURI, 2003. "Eritrea's early stages in monetary and banking development," Departmental Working Papers 2003-28, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
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