Elsewhere in the sector...

Elsewhere in the sector…

2024

 

April

• Ghana’s National Insurance Commission promotes inclusive insurance to enhance access
• Independent Newspaper Navigates New Growth Path For Insurance Sector
• Irdai Unveils New Rules To Make Health Insurance More Inclusive
• Pakistan: Regulator calls removing taxation layers on insurance products an imperative

March

• Agricultural microinsurance: Need of the time
• Experts urge earlier insurance planning for long-term care
• Can embedded insurance in African lending help close the financial inclusion gap?
• Microinsurance: A lifeline for female farmers
• Microinsurance boosts financial inclusion
• Palawan ProtekTODO provides families with flexible insurance
• Taiwan: FSC expands scope for development and innovation in microinsurance arena
• The changing face of insurance
• The role of micro-insurance in uplifting the standard of lives

February 

• Global Federation of Insurance Associations (GFIA) report “Insurance: A unique sector”
• Government-run insurance company launches pilot project to provide crop insurance to small tea growers in India
• Hidden climate risks: the future of parametric? - The Parametric Post Issue 65
• Philippines: Regulator considers incentives to boost microinsurance business
• Podcast: Crop insurance is essential armour against farming risks
• Wildfire threat rises: Farmers urged to shield farms with fire insurance

January

• Digital Transformation in Indian Insurance: Revolutionising Customer Experience and Driving Financial Inclusion
• Micro-insurance scheme for low-income households on the cards
• Premiums collected  from microinsurance up 20%
• Tanmeyah, GIG Egypt Launch New Micro-Insurance Products For Financial Inclusion
• The Insurance Commission mulls perks to help boost Philippines microinsurance sector

2023

December

• 11 microinsurance firms licensed in Zimbabwe
• Banks find promise in index-based farming insurance
• Microinsurance Market Size Worth US$ 141.6 Billion during 2024-2032, With a CAGR of 5.1% | IMARC Group

November

• Activists in India bat for better crop insurance coverage for farmers at low premium 
• Engen Ghana partners with Prudential Life Insurance to insure 150 drivers and mechanics on Mekakrawa Policy
• Micro-insurance innovations: Utilizing tech in health insurance

October 

• Samoa launches its first ever Parametric Micro-insurance
• Belize boosts financial protection with new Insurance Act introduced on 1 October 2023 
• The Rockefeller Foundation partners with Nepal Economic Forum & Himalayan Everest Insurance to address the escalating climate challenges faced by vulnerable communities in Asia 
• Lloyd’s new data tool models global economic impact of extreme weather events 

September

• All-In-One Affordable Insurance Cover, Bima Vistaar, To Be Rolled Out Soon
• FCA outlines plan to make insurance more inclusive
• Insurance, agriculture, real estate: How asset tokenization is reshaping the status quo
• Philippines: Insurance sector's 2Q2023 net profits increase despite dip in total premium
• Steps insurers should take to become inclusive innovators

August

• Extreme weather to hit agriculture, say climate experts
• Global Center on Adaptation: Apply for the Local Adaptation Champions Awards and receive €15,000 at an awards ceremony at COP28 in Dubai (application deadline – 31 August)
• Lives covered by microinsurance go up by 15.39% in Q1
• Turaco Becomes First Insuretech to Acquire an Underwriting License in Uganda

July

• Insurance Brokers explore takaful microinsurance
• Microinsurance Market Projected to Hit USD 147.6 Billion at a 6.20% CAGR by 2032 - Report by Market Research Future (MRFR)
• Micro-insurance products increase on uptake of health, farming covers
• Tanzania launches consortium to boost agriculture insurance for its farmers

June

• Belvo and FICO Announce Partnership to Expand Credit Access in Brazil Through Open Finance Singapore based insurtech Igloo ramps up microinsurance products for consumers in Indonesia, the Philippines and Vietnam
• Bridging the financial inclusion gap in South Africa requires simplicity and affordability  
• Dock, an innovator in payments and digital finance infrastructure across Latin America, announced the launch of Responsible Credit Solutions for financial inclusion 
• Forbes: Can Providing Earned Wage Access Boost Financial Resilience? 
• The Diplomat: Cambodian Microfinance’s High Repayment Rates Are Built on Misery, Research Finds 
• Yahoo Finance: The Global Microinsurance Market is forecasted to grow by USD 30.39 bn during 2022-2027, accelerating at a CAGR of 6.6% during the forecast period  

May 

• Agricultural Insurance Market 2023 Booming Strategies of Top Companies
• Microinsurance products record strong growt in Zimbabwe
• NAICOM Licenses Eight Micro Insurance, Four Takaful Companies
• New technology needed to widen insurance coverage

April

• How is microfinance performing socially and environmentally around the world?
• InsuranceDekho building one-stop-shop to solve India’s fragmented insurance ecosystem
• Fighting World Hunger with Blockchain

March

• Allianz Re and OKO Take Home the Insurtech Insights Europe Ambitious Insurer Award
• Education empowered me to fight for women’s rights in Kenya
• Increasing health insurance coverage in Kisumu County, Kenya: a model for social health insurance
• SDG Impact Finance Initiative: Design Funding Window – call for applications open! | Submit your concept note by 1 May 2023

February

• Bangladesh’s First Cattle Health Insurance and Muzzle-based Cattle Identification System | Surokkha
• Delivering on Mass Market Insurance in Africa: Debunking the Myth of Low Demand
• FAO and African Risk Capacity advocate for women’s engagement in climate action and disaster risk reduction
• How Digital Agricultural Platforms Can Better Engage Rural Women
• How the pattern of trends across the tropical Pacific Ocean is critical for understanding the future climate
• Kenya’s boda-boda taxis are unruly in life—and death
• La finance inclusive comme réponse à la crise alimentaire et climatique en Afrique
• M-Pesa Partners with Amazon to Provide Global Remittance Services
• Parametric: the time is now as the concept enjoys a renaissance
• The Next Fintech Revolution: Agriculture Finance

January

• Access to health insurance is dismal and gendered 
• Climate change loss and damage: Can sovereign insurance play a role? 
• Healthcare microinsurance and credit through mobile tech in East Africa 
• How will the future climate affect insurance? 
• ICMIF: BCCM moves to strengthen alternative form of mutual risk protection 
• Insurtech enjoys an Indian Summer 
• Is Financial Literacy the Misssing Piece to African Insurtech? 
• Toward a new understanding of financial literacy 
• What does underserved population mean to you? 
• What’s ahead for insurtech? 
• World Economic Forum: Global Risks Report 2023 

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