microinsurance news
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Life insurance firms aim for single micro product
Jakarta :: Indonesia | 19 days ago
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Benny Waworuntu said on Friday that the single micro insurance product would be marketed by all its members in their efforts to increase insurance coverage especially for low-income people. We are still in discussions with members and regulators to
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Philippines cited for promoting microinsurance
Manila :: Philippines | 25 days ago
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PhilippinesInternational experts cited Philippine achievements in promoting microinsurance, even as they called for global efforts to protect consumers as the industry continues to develop. According to a report on the 8th International
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RBAP: Higher microdeposit cap will help poor, rural savers
Manila :: Philippines | 25 days ago
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The BSP recently raised the microdeposit cap from P15,000 to P40,000. "Usually, depositors in rural areas are badly affected during emergencies because in such cases, they have limited financial capacity or at times totally devoid of money to be used
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BSP hikes limit on microfinance deposits
Manila :: Philippines | 1 month ago
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BSP deputy governor Nestor Espenilla Jr. told reporters Monday that the move gives MBOs (micro banking offices) greater flexibility to service the deposit transaction requirements of low-income earners, Micro deposits can be transacted in MBOs,
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Micro-insurance trips on claims
Mumbai :: India | 3 months ago
Credibility
Finance minister P Chidambaram's Budget proposal to allow business correspondents to sell micro-insurance products in rural India is well-intentioned, as it would get more uninsured people on board. But will it really help meet the goal of financial
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Africa: Creating Access to Finance for Women
Ahmedabad :: India | 4 months ago
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Women face persistent discrimination when they apply for finance for their business or self-employment and are often concentrated in unsafe, insecure and low-wage work.* Across many countries, women entrepreneurs are more likely to face higher
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Irda to rid policy papers of jargon
Mumbai :: India | 5 months ago
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Insurance policy documents will now come in simple language, devoid of jargon, for the benefit of the common man particularly in rural areas. The Insurance Regulatory and Development Authority (Irda) plans to issue a standard structure for policy
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Africa: USAID's Shah On New Resilience Policy
Port au Prince :: Haiti | 6 months ago
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Just over a year ago, the worst drought in six decades brought 13.3 million people to the brink of hunger and starvation. As the suffering mounted, the U.S. joined its partners to mobilize a large-scale humanitarian response to save lives as quickly
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Africa: Micro-Insurance Protects the Poor - Official
Dar es Salaam :: Tanzania | 6 months ago
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In the absence of microinsurance schemes, the poor get caught up in poverty traps from which it may be impossible to escape. When a crisis occurs, the poor may consume or sell all the assets in possession such as livestock in order to solve the
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Microinsurance clients surge
Tōkyō :: Japan | 8 months ago
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Filipinos are now covered by microinsurance, more than double the number five years ago, the Insurance Commission (IC) yesterday said. The IC bared a list of industry milestones as it concluded yesterday the Developing Microinsurance Project, a
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