Insurance in Developing Countries
This report looks at exploring opportunities in microinsurance.
Microinsurance: meeting a huge potential need
The potential market for insurance in developing countries is estimated to be between 1.5 and 3bn policies. There is a significant demand for a range of insurance products including health and life insurance, agricultural and property insurance, and catastrophe cover. Microinsurance is effective in markets with little experience of insurance – but it needs to be efficient, cheap and simple.