Asia: Microinsurance benefitting more than 170 mln Asians
Source: Asia Insurance Review | Dec 2013
The microinsurance sector in Asia and Oceania has reached 172 million lives and properties covered, representing a 40% annual growth rate between 2010 and 2012, according to research released by the Munich Re Foundation and GIZ. Despite these encouraging achievements, the microinsurance sector today covers less than 5% of the people living in Asia and Oceania.
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