Enhancing ICT for insurance in Africa

Arbeitspapier

This study assesses how enhancing information and communication technology (ICT) affects life insurance and non-life insurance in a panel of forty-eight African countries with data for the period 2004-2014. The adopted ICT dynamics are: mobile phone penetration, internet penetration and fixed broadband subscriptions. The empirical evidence is based on Generalized Method of Moments. The results show that enhancing mobile phone penetration and fixed broadband subscriptions has a positive net effect on life insurance consumption while enhancing fixed broadband subscriptions also has a positive net impact of on non-life insurance penetration.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: AGDI Working Paper ; No. WP/19/100

Classification and Topics

• Classification: Wirtschaft ; Education: Government Policy ; Welfare, Well-Being, and Poverty: General ; Telecommunications ; Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance ; Economywide Country Studies: Africa
• Subject: Insurance ; Information technology

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Asongu, Simplice ; Odhiambo, Nicholas M.
• Event: Veröffentlichung
• (who): African Governance and Development Institute (AGDI)
• (where): Yaoundé
• (when): 2019

Further information

• Handle: http://hdl.handle.net/10419/227978
• Last update: 10.03.2025, 11:46 AM CET