Insurance Industry In Eritrea - Achievements And Challenges

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Insurance Industry In Eritrea - Achievements And Challenges

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Rena, Ravinder

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Ravinder Rena

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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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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Find related papers by JEL classification:
R53 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock
G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
A1 - General Economics and Teaching - - General Economics
E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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Ross Levine, 1997. "Financial Development and Economic Growth: Views and Agenda," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 688-726, June. [Downloadable!] (restricted)
Other versions:
- Levine, Ross, 1996. "Financial development and economic growth : views and agenda," Policy Research Working Paper Series 1678, The World Bank. [Downloadable!]
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. [Downloadable!]

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