The Landscape of Microinsurance in Latin America and the Caribbean: A Briefing Note

Description: 

Much of the knowledge about microinsurance comes from case studies of countries or organisations. While these works can be informative on an entity level, they generate little information about the microinsurance industry as a whole. This makes it difficult to identify gaps in products or coverage as well as trends. Understanding trends can help various parties leverage their activities to address gaps, jump on positive changes, change plans related to areas that are not performing, and learn from trends that are linked to regulatory or macroeconomic factors. Traditional insurance markets in developed countries commonly track trends to generate market information. To date, there have only been two large regional quantitative macro-level landscape studies that identified microinsurance trends. The current study is the first quantitative landscape study focusing exclusively on Latin America and the Caribbean.

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Author: 

Michael McCord, Cléemence Tatin-Jaleran, Molly Ingram

Publisher: 

Microinsurance Centre

Number of pages: 

11

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