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Microinsurance tag returned 58 results

  • Africa: Microinsurance market undergoes period of considerable change

    Health insurance in Africa has experienced a boom in the last five years and consolidated into two distinct branches - insurers supporting comprehensive public schemes, on the one hand, and simple, complementary health products like hospital cash and health value-added services on the other, according to the "2018 Landscape of Microinsurance in Africa".

    Africa | 11 Nov 2019
  • Bangladesh: PM Hasina asks insurers to raise the bar to mitigate risk

    Prime Minister of Bangladesh, Sheikh Hasina, has called on the industry to come together in a spirit of cooperation and understanding in order to mitigate the risks of millions of people in the region who face various climate related perils to their lives and property every year.

    Asia | 06 Nov 2019
  • Bangladesh: 15th International Conference on Inclusive Insurance to be held in Dhaka next month

    The 15th International Conference on Inclusive Insurance (or International Microinsurance Conference) will be held in Dhaka in November. The event will be hosted by the Bangladesh Insurance Association (BIA) in partnership with the Munich Re Foundation and assisted by the Micro Insurance Network.

    Asia | 29 Oct 2019
  • Egypt: Number of private insurance funds grows in 2018

    The number of private insurance funds in Egypt rose to 670 at the end of last year, compared to 664 at end-2017, and the number of members of private insurance funds reached 4.9mn in 2018 compared to 4.7m in 2017, according to a report of private insurance funds for 2018, issued by the Financial Regulatory Authority.

    Middle East | 17 Oct 2019
  • Rwanda: Lawmakers work on microinsurance Bill

    Members of the Parliamentary Standing Committee on Economy and Trade held discussions last week on the draft microinsurance law with stakeholders.

    Africa | 30 Sep 2019
  • High costs a barrier for financial inclusion

    A survey by Bangladesh Bank has revealed that low incomes, lack of access to offices and high cost of products are some of the major barriers to access to financial services in the country.

    AIRPlus | 05 Sep 2019
  • Egypt: New microinsurance policies provide coverage of record US$17m in 1H

    Insurance companies operating in Egypt issued microinsurance policies worth around EGP281.9m ($17m) during the first half of the year.

    Middle East | 19 Aug 2019
  • Indonesia: Microinsurance policyholders reach 22m

    The number of microinsurance policyholders in Indonesia stood at around 22m in June 2019, data from the Financial Services Authority (OJK ) show.

    Asia | 29 Jul 2019
  • Achieving UN Special Development Goals (SDGs) could be difficult due to climate change

    Climate change and natural catastrophes are undermining the progress being made to achieve the 17 goals set by the United Nations (UN). The 17 sustainable development goals (SDGs) adopted by the UN in 2015 are targeted to be achieved by 2030.

    Asia Risk | 24 Jul 2019
  • Sri Lanka: Farmers sign up for first blockchain-based agricultural insurance

    Nearly 200 smallholder paddy field farmers in Sri Lanka, who are at risk of losing their crops due to extreme weather, have enrolled in a newly-launched blockchain-based platform which provides them with automated microinsurance products. The platform was recently launched by InsurTech start-up Etherisc, insurance broker Aon and Oxfam, which have collaborated to utilise blockchain technology and directly address issues that are exacerbating the protection gap among these farmers.

    Asia | 03 Jul 2019

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