Insurance market penetration
This study inspects the causal links between insurance market penetration (IMP) and per capita economic growth. •. We use 19 Eurozone countries between.
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Definition: Penetration rate indicates the level of development of insurance sector in a country. Penetration rate is measured as the ratio of premium underwritten.
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Description:Some features of this site may not work without it. The main objective of the study was to establish the market penetration challenges for insurance companies in Kenya. The study was guided by the following objectives: