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Volume :16 Issue : 62 1990      Add To Cart                                                                    Download

THE PROBLEM OF DECREASING DEMAND ONLIFE INSURANCE IN KUWAIT

Auther : Moawad H.H. El-Habashi

 

       This paper investigates the problems of decreasing demand on life insurance in Kuwait.  In the empirical study of this problem, three hypotheses one assumed and tested:

 1. Although there are differences among insurance companies in Kuwait concerning financial situations, investment portfolios and market experience, insurance companies introduce the same coverage.

2.  Insurance companies in Kuwait give less attention to production function.

3.  People in Kuwait would have a negative attitude towards life insurance.

         However, the results of the empirical study show that the above three hypotheses have been accepted.  The author found that most insurance companies in Kuwait interested in, group insurance programs rather than individual life insurance policies.

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Oct 31, 2021

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