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Microinsurance tag returned 45 results

  • Philippines: Govt targets 50m Filipinos to have micro insurance by 2022

    The government aims to have at least 50m Filipinos covered by microinsurance in the next four years, reported the Philippine News Agency. The coverage seeks to provide protection and financial security especially in times of calamities.

    Asia | 22 May 2019
  • Microinsurance is in for an overhaul

    The Insurance Regulatory and Development Authority of India (IRDAI) has set up a committee to review the regulatory framework for microinsurance and recommend measures to improve the penetration of microinsurance products in the country.

    AIRPlus | 02 May 2019
  • Philippines: Microinsurance business expands in 2018

    The Philippine microinsurance sector has posted total premium of PHP8.14bn ($157.2m) at the end 2018, representing an increase of 14.5% from PHP7.11bn in 2017, according to lnsurance Commissioner Dennis B Funa.

    Asia | 17 Apr 2019
  • Southeast Asia FinTech player ventures into micro-insurance

    Singapore-based FinTech, Grab Financial has embarked on a full-scale push into insurance and lending with the launch of its new 'Grow with Grab' roadmap as well as its SME lending and micro-insurance for drivers. The roadmap includes a range of other new services, such as micro-insurance products, which will be launched over the next few weeks.

    Asia | 20 Mar 2019
  • Microinsurance to safeguard Hongkongers against cyber

    With a rising number of the world's population being digitally active and spending more of their lives online, there has been a greater need for protection against the risks of cyber bullying and cyber crimes, such as identity theft, hacking, cyber stalking and harassment.

    AIRPlus | 27 Feb 2019
  • Philippine microfinance firm hit by data breach

    Cebuana Lhuiller, a Philippines-based firm providing pawnshop, microinsurance and other financial services, was hit by a data breach which affected the personal information of around 900,000 customers.

    AIRPlus | 22 Jan 2019
  • Sri Lanka: Lack of regulatory mechanisms hinder microinsurance growth

    A major constraint hindering the growth of the microinsurance sector is the lack of policies and regulatory mechanisms to facilitate microinsurance, says a recent report produced by the International Cooperative and Mutual Insurance Federation (ICMIF) and the Institute of Policy Studies of Sri Lanka (IPS).

    Asia | 07 Jan 2019
  • Microsinsurance: Dearth of information exists in sector despite huge interest

    There is global interest in microinsurance, Mr Kamal Tabaja, Group Chief Operating Officer of Bahrain-headquartered Trust Re, has said. However, there are challenges for insurers in this sector.

    Middle East | 06 Nov 2018
  • A pioneer for microinsurance

    Pioneer Life is the microinsurance pioneer in the Philippines, where it started offering microinsurance products since 2007. The company started operations with the Center for Agriculture and Rural Development Mutually Reinforcing Institutions (CARD MRI), as its sole distribution partner. CARD MRI is a group of mutually reinforcing institutions that is dedicated to empowering the poor in the Philippines. Pioneer Life today is in a joint venture with CARD MRI and the JV company known as CARD Pioneer Microinsurance works with over 80 partners across the Philippines today.

    AIRPlus | 22 Oct 2018
  • Mobile money to drive microinsurance growth

    Gone are the days when microinsurance was considered a liability by insurers, as innovative applications of technology today are playing a pivotal role in bringing microinsurance to scale and a profitable portfolio for insurers.

    AIRPlus | 09 Oct 2018


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