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Challenges and Ways to Develop Insurance Industry in KSA Market

Bibliographic Data

ID21213086
AuthorsMaher Toukabri (0000-0003-3190-2472, Northern Border University), Maher Taib Toukabri, Hafedh Hedi Ibrahim, Hafedh Ibrahim (Northern Border University)
Year2016
Volume5
Issue2
Pages152
Publication date2016-07-30
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational and Multidisciplinary Journal of Social Sciences (JOURNAL)
Journal identifiersISSN: 2014-3680 • E-ISSN: 2014-3680
PublisherHipatia Press (PUBLISHER • ES)
DOI10.17583/rimcis.2016.1963
OpenAlexW2513885696
LanguageEN
References cited23

Psychology and ethnic play a central role within Saudi Arabia market. Thus, this editorial argues the cultural and emotion effects on the Saudi consumption of life insurance. Even thought, the present paper intend to understand the reasons of the slowly growth of the purchase of this product and how to increase its rate in the insurance portfolio? Subsequently, this study target to confirm the significant effects of religiosity, optimism, opinion leadership, emotional regulation on Saudi behavior to subscribe in life insurance. Data was collected from two samples. The first sample, count 210 respondents, worn to purify the measurement scales of the variables studied in the exploratory phase. The second sample was administered from belonging 654 policyholders in order to confirm the measures instruments, to verify the hypotheses, validate and re-specify the model. Thus, this study bears a theoretical interest for researchers and it is useful for practitioners in this sector

Actuarial science · Business · Economics · Ethnic group · Exploratory research · Life insurance · Optimism · Political science · Portfolio · Religiosity · Social science · Sociology · Islamic Finance and Banking Studies · Islamic Studies and History · Law · Psychology · Social Psychology · Socioeconomic Development in MENA · Finance · Marketing

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