What’s the future of microinsurance in China?

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This article discusses the future of microinsurance in China. Rapid economic development over the past three decades has benefited the lives of many Chinese, but millions still live in poverty. Those who have not prospered include, especially, poor farmers and migrant laborers from impoverished rural regions who go to urban centers in search of work—the largest human migration in history, by some accounts. The government sees microinsurance as a vital element in providing a social safety net to its citizens still living in poverty.

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Author: 

Lisa Morgan, Ruchard Lord

Publisher: 

Milliman

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1

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