Demand for Life Insurance—An Empirical Analysis in the Case of Poland
This paper presents the results of a study of the determination of life insurance demand in Poland. A characterisation of the Polish life insurance sector is given, including a comparison with the top ten emerging markets and other CEE countries such as Hungary and the Czech Republic. The characterisation is followed by a review of the previous studies of life insurance determinants. Subsequently, factor analysis is applied to distinguish independent factors that determine demand for life insurance. Then a linear regression model is used to identify both the factors that have determined life insurance in Poland and the extent thereof. However, as opposed to previous studies of life insurance demand, only distinguished factors are used as an independent variable. The study confirms that factors of an economic and financial nature strongly stimulate the demand for life insurance, which agrees with previous studies. However, some results contradict the previous findings such as the factor that includes variables such as education level and social benefits.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 38 (2013)
Issue (Month): 1 (January)
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/|
|Order Information:|| Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK|
Web: http://www.palgrave-journals.com/pal/subscribe/index.html Email:
When requesting a correction, please mention this item's handle: RePEc:pal:gpprii:v:38:y:2013:i:1:p:62-87. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Daniel Foley)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.