-This study presents an evaluation model for purchasing life insurance and annuity insurance using analytical hierarchy process (AHP) and fuzzy logic. Four factors are considered as the inputs of the proposed model including age, annual income, educational level and risk preference. To build the model, we interviewed five experts with at least three years of working experience in an insurance c...

This study focuses on factors driving insurance demand measured as insurance density and growth rate of premiums in emerging markets during the years 1998-2008. Findings indicate that demographic factors explain a greater variance relative to economic and institutional variables for insurance density, while economic factors explain the greatest amount of variance in terms of insurance growth ra...