Renata Telles Cavalcante, Vinicius Amorim Sobreiro, Herbert Kimura
{"title":"Determinants of the non-life insurance market in Brazil","authors":"Renata Telles Cavalcante, Vinicius Amorim Sobreiro, Herbert Kimura","doi":"10.1016/j.rdf.2018.11.004","DOIUrl":null,"url":null,"abstract":"<div><p>The objective of this study is to analyse the relationship of economic growth and financial development as determinants of NLI premium consumption, using data from a highly volatile economic environment. The empirical results revealed a positive relationship among economic growth, credit, and the NLI market in Brazil. Results also suggest Granger bi-causality between economic growth and NLI premiums in Brazil.</p></div>","PeriodicalId":39052,"journal":{"name":"Review of Development Finance","volume":"8 2","pages":"Pages 89-95"},"PeriodicalIF":0.7000,"publicationDate":"2018-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.rdf.2018.11.004","citationCount":"21","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Review of Development Finance","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1879933718301519","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 21
Abstract
The objective of this study is to analyse the relationship of economic growth and financial development as determinants of NLI premium consumption, using data from a highly volatile economic environment. The empirical results revealed a positive relationship among economic growth, credit, and the NLI market in Brazil. Results also suggest Granger bi-causality between economic growth and NLI premiums in Brazil.
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