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Microinsurance tag returned 55 results

  • 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
  • Mutual microinsurance helps vulnerable communities: Study

    Mutual microinsurance has the potential to build financially literate, insurable and resilient communities, according a new study from the University of Cambridge Institute for Sustainability Leadership (CISL). For the first time, the study analysed how mutual microinsurance, a community-owned model of insurance, contributes to the recovery outcomes of low income households following a natural disaster. The CISL report was launched on 21 June 2019 at the Insurance Development Forum (IDF) in Singapore.

    Asia | 21 Jun 2019
  • Thailand: Regulator keen on microinsurance plans

    The Office of the Insurance Commission (OIC) is promoting the idea of launching microinsurance schemes with low premiums designed for the grassroots and retirees, reported The Bangkok Post.

    Asia | 20 Jun 2019
  • Big things come in small packages

    India's largest private non-life insurer ICICI Lombard General Insurance is planning to roll out insurance in sachets. The company is working with e-commerce players, wallet companies and payments and small finance banks for this purpose.

    AIRPlus | 12 Jun 2019

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