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Modern technology is transforming the insurance industry and offers huge opportunities to close the insurance gap. Microinsurance today reaches a promising 8.3% of the population in Latin America and the Caribbean according to recent studies. At the same time, the lack of cover against natural disasters pushes millions back into poverty again and again when disasters strike. Governmental involvement and the use of modern technology are key factor >more
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Microinsurance reaches a promising 7% of the Sri Lankan population according to the latest Landscape Studies figures which analyse the status of Microinsurance in Sri Lanka and Mobile Insurance in Asia. The number of policies sold via mobile phones exceeds 40 million in the region. The results of the studies were published at the 12th International Microinsurance Conference. >more
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Microinsurance in Africa reaches more than 60 million people. According to the “Landscape of Microinsurance in Africa 2015” study, the market grew by 30% between 2011 and 2014. >more
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New study reveals that the total premium of microinsurance in Latin America and the Caribbean exceeds US$ 800m. Mexico is a vital microinsurance market. However, better regulation is needed for migrant workers. >more
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The 9th International Microinsurance Conference, which took place in Asia for the third time, brought together some 400 participants from nearly 60 countries to discuss the challenges and opportunities in microinsurance. Preliminary results of the new study “The Landscape of Microinsurance in Asia and Oceania” published at the Conference by the Munich Re Foundation and GIZ, revealed that the number of insured low-income people in the region has increased by over 30% from 2010 to 2012. Today more than 170 million people benefit from microinsurance. >more
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“Trust arrives on foot, but leaves on horseback”, said Princess Máxima of the Netherlands, UN Secretary-General’s Special Advocate for Inclusive Finance for Development in her keynote speech at the opening of the 8th International Microinsurance Conference. The event took place in Dar es Salaam, Tanzania, from 6–8 November 2012. >more
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From 8 to 10 November 2011, the 7th International Microinsurance Conference took place in Rio de Janeiro. The event was co-hosted by the Microinsurance Network and supported by CnSeg. >more
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The British Actuarial Profession, together with the Munich Re Foundation supported by the Microinsurance Network, held a one day seminar on 30 June 2011 to showcase key developments in microinsurance. Insurance experts discussed the challenges to provide insurance to the low income market. >more
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The Center for the Economic Analysis of Risk (CEAR) at Georgia State University's J. Mack Robinson College of Business has entered into a cooperation agreement with the Munich Re Foundation to collaborate on research about microinsurance, also known as insurance for the poor. >more
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From 9 to 11 November 2010, the 6th International Microinsurance Conference took place in Manila, Philippines. >more
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Richard D. Phillips, Chair of Risk Management and Insurance at Georgia State University, explains the current state of research in the field of microinsurance and advocates greater integration of research efforts. >more
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In association with the Protestant Academy of Tutzing and the KfW Entwicklungsbank, we held the conference “Microfinance – giving people the opportunity to find their own way out of poverty?” >more
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From 3 to 5 November 2009, the 5th International Microinsurance Conference took place in Dakar, Senegal. >more
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Some 450 experts from around 50 countries travelled to Colombia for the 4th International Microinsurance Conference. The conference focused on the topics of regulation, training, technical solutions and innovative sales channels. >more
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The China Insurance Regulatory Commission, the IAIS, the World Bank, the CGAP Working Group on Microinsurance and the Munich Re Foundation, organized an international workshop on Expanding Access to Insurance that took place 16-17, January 2008 in Bejing, China. >more
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From 13 to 15 November 2007, the Microinsurance Conference 2007 took take place in Mumbai, India. The Conference was jointly hosted by CGAP [Consultative Group to Assist the Poor] Working Group on Microinsurance and the Munich Re Foundation. This event was the third international Microinsurance Conference with the support of the IRDA. >more
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New bibliography of the most up-to-date work in the field of microinsurance related to agriculture. >more
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From 7 to 8 May 2007, the World Bank, CGAP Working Group on Microinsurance, Munich Re Foundation, MicroInsurance Centre, SUSEP-Brazil, ASSAL, FENASEG, and FASECOLDA host a workshop on Access to Insurance for the Poor in Latin America. >more
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Microinsurances against poverty: The need is great, but these tools have so far been accessible only to a small number of people. From 21 to 23 November 2006, the Microinsurance Conference 2006 will take place in Cape Town, South Africa. The Conference is jointly hosted by CGAP [Consultative Group to Assist the Poor] Working Group on Microinsurance and the Munich Re Foundation with the support of Finmark Trust. >more
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From 18 to 20 October 2005, the Munich Re Foundation held the 2005 Microinsurance Conference "Making Insurance Work for the Poor: Current Practices and Lessons Learnt". In cooperation with the CGAP [Consultative Group to Assist the Poor] Working Group on Microinsurance, around a hundred selected experts from international organisations, non-government organisations, development-aid organisations and the insurance industry discussed experiences and challenges of insuring people with low incomes. >more
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