Economic and Demographic Determinants of Life Insurance Industry Development
Economic and Demographic Determinants of Life Insurance Industry Development

Author(s): Zuzana Brokešova, Tomáš Ondruška, Erika Pastoráková
Subject(s): Business Economy / Management, Demography and human biology, Socio-Economic Research
Published by: Masarykova univerzita nakladatelství
Keywords: life insurance industry; industry development; economic determinants; demographic determinants;
Summary/Abstract: countries. In European area, the majority of life insurance business is concentrated in the West European countries, where life insurance has a long tradition in the population. Central and Eastern European (CEE) countries are significantly behind in this area, what is documented by the level of their life insurance density and penetration. However, during the last few decades, we have observed extensive growth in these markets. In addition, CEE countries also overcome dynamic changes in economy and demography, during this period.

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