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Micro insurance coverage surges at tremendous pace

Microfinance Focus, April 15, 2012:  Micro insurance schemes worldwide have catapulted over the past five years. It now reaches an estimated 500 million worldwide, according to the Micro insurance Innovation Facility of the International Labour Organization (ILO) and the Munich Re Foundation. Not only does micro insurance aim to protect the poor against risks, but …

Microinsurance Reaches 3m in the Philippines, More Expansion Predicted in Microcredit as Commercial Banks Enter Microfinance

Wednesday, April 4, 2012 MICROCAPITAL BRIEF » Posted by Amira Berrada in Category: Asia,Microinsurance at 11:12 am According to a report attributed to the Insurance Commission of the Philippines, a government body regulating the country’s insurance industry, the microinsurance program launched in 2010 has contributed to 3.1 million Filipinos having acquired insurance coverage. The basic unified microinsurance product for health, …

MicroEnsure Ghana to Launch Credit Health Insurance for Microfinance Clients

» Posted by Charlotte Newman in Category: Africa,Microinsurance at 12:08 am The Ghanaian branch of MicroEnsure, a UK-based subsidiary of nonprofit Opportunity International that serves as a microinsurance intermediary, has announced plans to offer credit health insurance to microfinance clients in Ghana. The product will enable MicroEnsure to cover weekly microcredit repayments in the event that the borrower is admitted …