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Insurance Industry In Eritrea - Achievements And Challenges


  • Rena, Ravinder


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.

Suggested Citation

  • Rena, Ravinder, 2007. "Insurance Industry In Eritrea - Achievements And Challenges," MPRA Paper 10762, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:10762

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    References listed on IDEAS

    1. 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.
    2. 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.
    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.
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    More about this item


    Eritrea; Insurance Industry; challenges and achievements;

    JEL classification:

    • R53 - Urban, Rural, Regional, Real Estate, and Transportation 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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