Technical Feature on Microinsurance - Microinsurance gaining ground
Source: Asia Insurance Review | Jul 2009
Microinsurance schemes are gaining ground around the world today, but they still only meet a small fraction of the overall need. Some microinsurance schemes are self-sustaining, with most receiving vital support in the form of grants and technical assistance. Nonetheless, initiatives like The Microinsurance Innovation Facility are helping to sustain new research and projects to further the development of microinsurance. Here, we take a look at how this facility aids the poverty-stricken areas as well as other schemes that have been implemented around the region that has provided a boost to the microinsurance business.
By Ms Shakun Ashoka Raj
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