The Microinsurance Network has supported the The Landscape of Microinsurance in Asia and Oceania published by Munich Re Foundation and the GIZ-RFPI Asia, which was launched at last week's Microinsurance Learning Session Asia and Oceania, in Manila, Philippines. More than 100 insurers, regulators and experts attended the two-day conference.
Microinsurance outreach in Asia and Oceania is outstanding, with the study reporting more than 170 million low-income individuals covered by microinsurance. This outreach is hardly comparable to the markets in Latin America and the Caribbean and in Africa where previous landscape studies documented microinsurance outreach not exceeding 46 million individuals for each continent.
“The learning session is intended to use the findings of the Landscape Study of Microinsurance in Asia and Oceania as a springboard for dialogues on emerging microinsurance topics for regulators, industry representatives, donors and other microinsurance advocates”, expressed Dr. Antonis Malagardis, Program Director of GIZ – RFPI Asia.
Download the press release here