The Role of the Insurance Sector in Transforming the Demographic Challenge into an Economic Opportunity: An Analytical Study of Predicting the Relationship between Population Aging and Financial Wealth from the Insurance Index in the Arab Gulf States (1975-2038)
The Role of the Insurance Sector in Transforming the Demographic Challenge into an Economic Opportunity: An Analytical Study of Predicting the Relationship between Population Aging and Financial Wealth from the Insurance Index in the Arab Gulf States (1975-2038) Abstract: This study provides a comprehensive analysis of the dynamic relationship between demographic transition and the development of the insurance sector in the Arab Gulf States. Using World Bank data (1975-2022) and advanced forecasting models, the research documents the following analyses: 1. Calculating regional averages for life expectancy and insurance expenditures 2. Analyzing the general trend using a line chart showing the upward trajectory of both variables 3. A time-series forecasting model for insurance expenditures until 2030 4. A time-series forecasting model for life expectancy until 2038 5. Comparative analysis using a bar chart and histogram of growth rates 6. Advanced visual analysis using a moving sc...
