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Microinsurance tag returned 19 results

  • Philippines: Premiums rose by 12% in 2017 to US$5 bln

    Total premiums in the Philippine insurance industry reached PHP259.6 billion (US$5 billion) in 2017, representing growth of 11.9%, from PHP231.8 billion in 2016, according to the Insurance Commission citing unaudited quarterly statistics submitted by life, nonlife and mutual benefit associations (MBAs).

    Agents | 06 Feb 2018
  • Philippines: Premiums rose by 12% in 2017 to US$5 bln

    Total premiums in the Philippine insurance industry reached PHP259.6 billion (US$5 billion) in 2017, representing growth of 11.9%, from PHP231.8 billion in 2016, according to the Insurance Commission citing unaudited quarterly statistics submitted by life, nonlife and mutual benefit associations (MBAs).

    Asia | 05 Feb 2018
  • Asia: Microinsurance regulators, companies to meet in Manila

    Insurance regulators from Indonesia, Mongolia, Nepal, Pakistan, Sri Lanka, Vietnam, and the Philippines will meet with industry players in Makati City on 23-24 January to discuss how to strengthen financial protection for low-income people in the region through microinsurance.

    Asia | 22 Jan 2018
  • Vietnam: Rules for fire, micro insurance being finalised

    The Finance Ministry is finalising a draft decree on compulsory fire and explosion insurance, and completing other draft legal documents on agriculture insurance and microinsurance.

    Asia | 04 Dec 2017
  • Pakistan: InsuResilience fund takes 25% stake in insurer

    The InsuResilience Investment Fund (IIF) has entered into an agreement to acquire a significant minority stake in Lahore-based Asia Insurance, a general insurer offering agriculture insurance to over 100,000 farmers in Pakistan.

    Asia | 11 Oct 2017
  • Philippines: Call for e-microinsurance for transport companies

    A legislative committee on Transportation has urged local insurers to develop affordable e-microinsurance products for transportation network companies (TNCs) and transportation network vehicle service (TNVS) units.

    Asia | 09 Oct 2017
  • India: Insurers urged to offer reinsurance to mutual microinsurers

    A first-of-its-kind report on mutual and cooperative microinsurance in India has made key recommendations including creating broad models of self-regulatory organisations with robust governance systems, allowing Mutual, Cooperative and other Community-based Organisations (MCCOs) to take reinsurance capacity where required from commercial insurers and providing significant support for them to scale up and be sustainable.

    Asia | 20 Jul 2017
  • Singapore: UAE InsurTech firm receives award from MetLife

    UAE-based startup, Democrance, has received the "Judge's Selection" award from LumenLab's inaugural corporate-startup engagement programme, collab.

    Middle East | 23 May 2017
  • MENA: InsurTech start-up eyes low to middle income groups

    UAE-based InsurTech company Democrance is implementing its first pilot projects in the Emirates, aiming to reach the low-income sector to help them get insured.

    Middle East | 17 May 2017
  • Microinsurance: Farmers view risk differently from insurers

    There is a gap between what the insurance industry believes to be risk and what the farmers in the fields view as risk, according to Mr Jimmy Loro, Senior Advisor at RFPI Asia, a regional programme that supports Asian insurance supervisory authorities to enhance enabling conditions for pro-poor insurance.

    Asia | 15 Mar 2017


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