EFFECT OF GOVERNMENT AND REGULATORY FRAMEWORK ON GROWTH OF INSURANCE INDUSTRY

Q3 Social Sciences

International Journal of Public Law and Policy Pub Date : 2022-08-03 DOI:10.47604/ijlp.1604

Ben Kajwang

引用次数: 0

Abstract

Purpose: The study investigated the effect of government and regulatory framework on growth of insurance industry. Methodology: The approach we used in this literature review was to gather and analyze a wide range of research articles related to the effect government and regulatory framework on insurance industry growth. Findings: The findings showed that the regulatory bodies plays a crucial part in assuring the continued viability, integrity, and stability of the financial system, as well as the continued public confidence in the financial structure of an economy. Unique Contribution to Theory, Policy and Practice: It recommended that regulatory bodies and other market actors in the insurance industry should form a partnership in order to build and design product and pricing structures that are aimed at people of varying financial levels.

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政府和监管框架对保险业发展的影响

目的:研究政府和监管框架对保险业发展的影响。方法:我们在文献综述中使用的方法是收集和分析与政府和监管框架对保险业增长的影响有关的广泛研究文章。研究结果:研究结果表明，监管机构在确保金融体系的持续可行性、完整性和稳定性以及公众对经济金融结构的持续信心方面发挥着至关重要的作用。对理论、政策和实践的独特贡献:它建议监管机构和保险行业的其他市场参与者建立伙伴关系，以便建立和设计针对不同财务水平人群的产品和定价结构。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Public Law and Policy Social Sciences-Law

CiteScore

0.80

自引率

0.00%

发文量

期刊介绍： IJPLAP covers issues of public law and policy of international relevance. It includes thought-provoking contributions on how public international law obligations inform national approaches in a wide range of sectors, as well as on how the state''s experiences contribute to shaping and advancing the international agenda. IJPLAP features articles, editorials, notes, commentaries, analyses of jurisprudence and legislation and book reviews written by leading scholars and practitioners working in law and related fields, such as economics, philosophy and political science. Topics covered include: -Traditional issues of public international law (including treaty law, institutional law and dispute settlement)- Human rights- Foreign and security policy, migration- Trade and investment- Taxation- Financial regulation- Competition- Intellectual property- Environment, energy and food security- Digitalisation and data protection