Browsing by Author "Chainarong Rungruengarporn"
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ItemAn Empirical Study of Life Insurance and Macro Economic IndicatorsThis study aims to identify macroeconomic factors that can be used to explain the variation in the demand of life insurance among developed, underdeveloped, and emerging countries in 2012. Data of 86 countries were used to conduct cross-sectional multiple regression. Results showed difference in life insurance demand across countries. Variables that explain the variation in 2012 are inflation, GDP growth, and amount of deposits.