Key takeaways from the 13th IMC

Tuesday, November 14, 2017
As the 13th International Microinsurance Conference (13th IMC) came to a close last week in Lima, Peru, a number of key takeaways were delineated by Maria Victoria Saenz, Lead Operations Specialist at the Multilateral Investment Fund of the IDB and former Network Board member; Doubell Chamberlain, Chair of the Board at Microinsurance Network; Eduardo Moron, President of APESEG; and Dirk Reinhard, Vice Chairman at Munich Re Foundation, during the closing session. Here below a brief summary of some of these key takeaways:
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52.1 million people in Latin America protected by microinsurance

Tuesday, November 7, 2017
November 7: In the aftermath of recent natural disasters in the region, a new study on the landscape of microinsurance sheds light on its potential for building resilience amongst the poor. More than 8.2% of the population in Latin America and the Caribbean had at least one microinsurance policy as of December 2016, with 52.1 million people insured corresponding to USD 420 million*1 in Gross Written Premiums, estimates a new study on The Landscape of Microinsurance in Latin America and the Caribbean (LAC) 2017 – Preliminary briefing note, published by the Microinsurance Network and Munich Re Foundation.
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11th Consultative Forum in Lima, Peru

Monday, November 6, 2017
November 6: The 11th Consultative Forum (11th CF) on “Scaling up insurance as a disaster resilience strategy for smallholder farmers in Latin America” will be taking place this afternoon in Lima, Peru with the objective of fostering sound policymaking for the development and scaling up of agricultural insurance across the region. The event will be live-streamed simultaneously in both English and Spanish at this link. The 11th CF, co-organised by the Microinsurance Network, the Access to Insurance Initiative (A2ii) and the International Association of Insurance Supervisors (IAIS), and takes place as a pre-conference session of the 13th International Microinsurance Conference (IMC) co-organised by the Munich Re Foundation and Microinsurance Network, and hosted by APESEG.
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Visa Foundation commits $20 million to WWB

Sunday, November 5, 2017
At the Making Finance Work for Women Summit in Dar es Salaam end of October, Visa announced the newly-incorporated Visa Foundation, established as part of Visa’ larger social impact strategy to support the growth of micro and small enterprises around the world, enabling individuals, businesses, and economies to thrive.  To mark its inception, the Visa Foundation is making its first financial commitment to Women’s World Banking.
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MicroInsurance Centre joins Milliman to foster greater access to microinsurance worldwide

Friday, October 13, 2017
Congratulations to Milliman and the MicroInsurance Centre (MIC), two long-standing members of the Network, who have now joined forces! Both firms share the common goal of working to protect the health and financial well-being of low-income populations worldwide. The MicroInsurance Centre’s joining of Milliman will help boost their capacity to present enhanced insurance offerings to clients in emerging markets and low-income market segments.
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The 10th Consultative Forum Briefing Note is out

Tuesday, September 12, 2017
In May 2017, the International Association of Insurance Supervisors (IAIS), the Microinsurance Network and the Access to Insurance Initiative (A2ii) organised the 10th Consultative Forum in Kampala, Uganda on “Scaling up agricultural index insurance in Africa: Building disaster resilience of smallholder farmers”.
 
The event brought together high-ranking representatives from African insurance supervisory author
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United Nations and world’s microinsurance community forge unprecedented global partnership for sustainable development that leaves no one behind

Thursday, August 31, 2017

UN Environment’s Principles for Sustainable Insurance Initiative and the Microinsurance Network join forces to help achieve the UN Sustainable Development Goals
    
Geneva/Luxembourg, 31 August 2017—An unprecedented global partnership has been forged to promote inclusive and sustainable insurance markets around the world and to help achieve the UN Sustainable Development Goals.
    

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