The objective of this study was to assess the contribution of insurance penetra
tion to economic growth in the Democratic Republic of Congo (DRC) during
the period 2000-2023 (quarterly) using the Vector Error Correction (VEC)
model. The results revealed that, in the short term, insurance premiums have
no effect on the economic growth of the DRC. However, in the long term, in
surance premiums positively impact economic growth in the DRC, along with
the positive contributions of the workforce as a moderating factor in the devel
opment of the insurance sector, as indicated by the results of the Granger cau
sality test. The estimation of the Interrupted Time Series Analysis (ITSA) as
sessed the impact of the liberalization of the insurance sector on economic
growth. The results showed no significant effect, supported by the variance de
composition of real GDP forecasts, which indicated that the insurance sector
contributes minimally to economic growth in the DRC, with only a 0.27% con
tribution. These findings raise several concerns; despite the liberalization of the
insurance sector and the increase in insurance premiums, the penetration rate
and insurance density remain very low. A poorly designed insurance market,
even with liberalization, can only partially mitigate risks or lead to behaviors
that reduce the effectiveness of risk transfer.