The studies clearly indicate that access to microinsurance by the poor and disadvantaged population can contribute significantly to the achievement of the Millennium Development Goals, particularly the goals of eradicating extreme poverty and hunger (MDG 1), promoting gender equality and empowering women (MDG 3) and developing a global partnership for development (MDG 8). The aim of this report is to provide an overview of existing knowledge on the demand and supply of microinsurance in India, as a basis for reducing the vulnerability of poor and low-income people while developing new market opportunities. It lays the groundwork for a mutually beneficial public-private partnership between Allianz AG, Deutsche Gesellschaft für Technische Zusammenarbeit GmbH (GTZ) and the United Nations Development Programme (UNDP). The report was compiled using secondary data, much of which was obtained during a two-week field trip to India.
Allianz, GIZ, UNDP