International Business Management
ISSN: OnlineISSN: Print 1993-5250
Abstract
The present study aimed to review the literature for the relationship between financial stability and insurance. An overview of insurance was given to make the reader familiar with the insurance related terms. Financial development and inclusion were also discussed. Types of insurance including farmer’s insurance, health insurance and life insurance were discussed. The last part of this study discussed the impact of financial stability on insurance as large business. We found that life insurance may be one of the best types of insurance because it involves the fluidity of cash flaws for the insurance company and for the overall economy. Taken together, the present study showed that insurance is a large business that is impacted by financial stability. Insurance as a business has a low margin of loss. One of the best sectors of insurance is the life insurance because it involves long term conditions. We recommend conducting more in-depth studies to analyze the local markets and their best long term investments to sustain the development in insurance business and to increase the coverage for people to be included under the umbrella of insurance.
How to cite this article:
Amro Saleem Falah Alamaren and Ahed J. Alkhatib. The Relationship Between Financial Stability and Insurance.
DOI: https://doi.org/10.36478/ibm.2019.130.133
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2019.130.133