The State of Microinsurance

The State of Microinsurance is the Microinsurance Network's annual report and provides insurance industry, experts and practitioners operating in the inclusive insurance space with key insights on the latest developments in microinsurance. This report is the result of a major initiative by the Microinsurance Network bringing together some of the most authoritative voices within the field of microinsurance with the objective of taking stock of the sector and providing sector players with an in-depth understanding of the context in which they operate.

The State of Microinsurance 2018

Editorial Board

  • Craig Churchill, Team Leader, ILO’s Impact Insurance Facility
  • Conchita D’Ambrosio, Professor of Economics, University of Luxembourg
  • R. Dale Hall, Managing Director of Research, Society of Actuaries
  • James Jones, Director, Katie School of Insurance and Financial Services, Illinois State University
  • Narender Kande, Senior Programme Officer, Community Mobilisation, Bill and Melinda Gates Foundation
  • Brigitte Klein, Head of Project, Financial Systems Approaches to Insurance, GIZ
  • Pritesh Modi, Director, Chief Actuary (Asia), LeapFrog Investments
  • Andrea Camargo, Head of Regulatory Affairs and Consumer Protection for Central America, Microinsurance Catastrophe Risk Organisation (MiCRO)

From 2018, the publication will focus on the role played by inclusive insurance in achieving the Sustainable Development Goals (SDGs). Topics of focus are:

  • The impact of inclusive insurance as a primary enabler in achieving six SDGs: No poverty (SDG 1), Zero hunger (SDG 2), Good health and well-being (SDG 3), Gender equality (SDG 5), Decent work and economic growth ((SDG 8), Climate action (SDG 13).
  • The impact of inclusive insurance as a secondary enabler in achieving five SDGs: Quality education (SDG 4),Industry, innovation and infrastructure (SDG 9), Reduced inequalities (SDG 10), Sustainable cities and communities (SDG 11), Partnerships for the Goals (SDG 17).
  • Innovations in business models and financial technology.

The publication production schedule is as follows:

  • 15 January: Proposal submission
  • 14 February: Final selection
  • 14 May: First draft submission
  • 25 June: Second draft submission
  • 2 July: Final review by Editorial Board
  • 7 September: Online publication


The 2017 edition takes a closer look at microinsurance solutions for climate change, focussing on pioneering ideas in the way microinsurance is being designed and offered, and highlighting key lessons learned from a range of different programmes and initiatives. Articles include insights on designing natural hazard microinsurance products, mobile-based applications, the role of insurance in assisting agriculture value chain players in adapting to climate change, an integrated agricultural and health insurance approach, facilitating private sector responses to climate risk in the developing world, risk reduction, as well as regulatory and supervisory challenges of index-based insurance. The report features a debate on the impact of climate change on microinsurance for smallholder farmers, and several interviews with authoritative voices from the field. It uncovers key aspects of microinsurance pilot programmes as a tool for climate change adaptation and mitigation in Bangladesh, India, Burundi, Kenya, Mali, Senegal and Central America, as well as lessons learnt from a selection of ongoing initiatives such as the Climate Insurance Fund, the R4 Rural Resilience Initiative, and the Agriculture and Climate Risk Enterprise (ACRE).


This second edition of the Microinsurance Network's annual report presents the insights and views of 22 experts in the field with regards to innovative developments in product design, distribution and regulation. Topics discussed include behavioural economics in microinsurance, the contribution of insurance to capital market development, and the possibility of benchmarking microinsurance based on key performance indicators. For the first time, the report includes a debate which focuses on the role of private health insurance in achieving universal health coverage. Articles include case studies demonstrating the concept of bundling with financial and non-financial services as well as coverage of non-climate risks for Sahelian livestock herders. Contributions were provided by a number of organisations supporting microinsurance including Cenfri, Inclusivity Solutions, MicroInsurance Centre, Abt Associates, the UK Royal Institute of International Affairs, Access to Insurance Initiative, MicroEnsure, Acting for Life and the ILO’s Impact Insurance Facility among others.


In the first edition of the report readers can learns about the landscape of microinsurance across the globe using data from the World Map of Microinsurance programme (an initiative by the Microinsurance Network in partnership with Munich Re Foundation and the Government of Luxembourg), failures and innovations in distribution of microinsurance by MicroEnsure, approaches to regulation across the globe from A2ii, the ILO’s Impact Insurance Facility take on the complexity of assessing and meeting demand, and the role of microinsurance in disaster risk management strategies from the Geneva Association.
The State of Microinsurance report has been hugely popular and, as well as having been distributed widely at international sector conferences, it has increasingly been downloaded from our website by sector practitioners and experts from across the world.