The insurance industry in Algeria: what is its role in economic development?

Authors

  • Hasnaoui Meriem
  • Hassani Hocine
  • Himrane Mohammed

Keywords:

Key words: Insurance, development, autoregressive, Algeria , economic.

Abstract

The cointegration test indicates the existence of a long-run relationship between insurance industry and economic growth. The study shows a negative effect of life insurance penetration on economic growth in the long and short terms, and the existence of a positive impact of non-life insurance penetration on economic growth. Therefore, the finding of this study does strongly support the view that economic growth enhances insurance industry in Algeria.

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Published

03-07-2025

How to Cite

Hasnaoui Meriem, Hassani Hocine, & Himrane Mohammed. (2025). The insurance industry in Algeria: what is its role in economic development?. Journal of North African Economies, 19(31), 111–124. Retrieved from https://journals.univ-chlef.dz/index.php/renaf/article/view/473