The global microinsurance market has the potential the cover up to 4 billion people though market-based risk transfer solutions and public private partnerships (PPP). This translates into a potential premium of up to USD 40 billion. The last decade has seen increasing institutional activity in microinsurance, with fast growth observed in many regional markets. This document focuses on the key drivers which are increasing microfinance penetration, a focused approach by market practitioners, the active involvement of governments and innovative product offerings.
Swiss Reinsurance Company