This research studies the reality of the insurance sector in the Syrian Arab Republic during the period between 1990-2012, identifying most important private companies that have entered the domestic insurance market. It also tries to examine distribu
tion of demand between them and the Syrian General Organization Insurance by comparing the volume of insurance premiums before and after the entry of private companies to market insurance in Syria. These companies play an important role, increasing the demand for insurance products
One of the main conclusions of this research relates to the role of private insurance companies in increasing the size of the insurance demand. However, index of insurance penetration shows weakness of the Syrian insurance sector with demand focused on auto insurance.
This paper deals with the insurance sector in the Syrian Arab
Republic during the period between 1990-2012, we studied the
impact of economic and demographic factors on the demand for life
insurance size.
It was considered the volume of life insu
rance premiums indication
of the size of the demand for life insurance, also we study the
impact of some determinants on the demand / income -
unemployment - interest rate - inflation - life expectations -
education - urbanization /. A statistical analysis by spss to study
variables program was carried out, in order to reach the most
important determinants affecting the insurance demand, income and
the inflation and the interest rate are the most effective determinant
in influencing the insurance demand, While statistically significant
for the rest of determinants effect does not appear.