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MSME insurance: how can insurers protect low-income businesses?

Micro, small and medium enterprises (MSMEs) are the backbone of many local communities; they contribute substantially to employment and innovation, bringing goods, services and employment opportunities to local people, especially women and those seeking low-skilled jobs. The impact of MSMEs, however, is not just confined to where they operate.

Accounting for 50% of global employment and 90% of all businesses, MSMEs are vital drivers of global economic growth. Despite this, many of them are underfinanced...

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