Economics of Insurance: Understanding the Value Creation 08 December 2016 Author / Speaker Faraz Amjad View File According to a World Bank study in 2006, insurance and economic growth have a causal relationship. As economies expand, more businesses will seek insurance to manage their exposure to risk. To stimulate economic growth, availability and use of insurance should also be encouraged. This study shares strategic approaches to create an enabling insurance market to help economic growth in developing countries. Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Download Topics Finance