Insurance in Developing Countries
June 21, 2010 by Microfinance Africa
Lloyds
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.
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