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Key Insights from the Microinsurance Network June Member Meeting: Day 1

As the global climate crisis continues to intensify, microinsurance becomes even more relevant in helping vulnerable communities to develop resilience. Currently, however, insurance penetration is very low, particularly in the regions that could most benefit. The 2023 Landscape report shows that 11.5% of the target population is covered by microinsurance - a significant increase from 2019, but this still leaves around 90% without coverage. Lorenzo Chan, Chair of the Board of the Microinsurance Network (MiN)...

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