Financial Inclusion in Action

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Microinsurance—Is It Working Yet?

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Depending on who you talk to, microinsurance is either an extraordinary opportunity—the 500 million lowest-income policy-holders currently insured will likely double to over one billion by 2020: annual growth rates are 10% in some African countries and 15-20% in India, according to the ILO’s Microninsurance Innovation Facility’s Protecting the Poor, Current Trends in Microinsurance. or… Continue reading