The Ministry of Health of Vietnam and Vietnam Social Insurance, a government-funded organization that offers insurance to workers, reportedly will issue health insurance cards free of charge to families living close to or below the poverty line.
Category: Microinsurance
MICROCAPITAL BRIEF: Grameen Koota of India Looks to Expand into Housing Microfinance
Grameen Koota, a India-based microfinance division of Grameen Financial Services Private Limited (GFSPL), plans to expand into housing microfinance in areas of rural India that have limited microfinance institution (MFI) penetration.
MICROFINANCE EVENT: Institute for International Research Holds Third Annual Microinsurance Conference, Johannesburg, South Africa, January 22 – January 24, 2013
Event Name: 3rd Annual Microinsurance Conference
Event Date: January 22 – January 24, 2013
Event Location: The Wanderers Club, Ilovo, Johannesburg, South Africa
MICROCAPITAL BRIEF: Government Savings Bank of Thailand Expands Microfinance Services in Border Areas
Government Savings Bank (GSB), a government-owned bank providing personal and corporate services in Thailand, reportedly plans to offer new microfinance products and otherwise expand services in advance of the anticipated 2015 launch of the Association of South East Asian Nations (ASEAN) Economic Community (AEC).
MICROCAPITAL BRIEF: Appui au Developpement Autonome, BSB, Confederation des Institutions Financieres Partner on Microinsurance in West Africa
Appui au Developpement Autonome (ADA), a Luxembourg-based nonprofit organisation, recently partnered with Confédération des Institutions Financières (CIF), a Burkina-Faso-based association of six West African savings cooperatives, to implement microinsurance projects across five countries in West Africa.
MICROCAPITAL BRIEF: YuMobile, MicroEnsure, Jubilee Insurance Partner to Offer Life, Disability Insurance to Mobile Subscribers in Kenya
YuMobile, a Kenyan mobile phone service provider; MicroEnsure, a UK-based subsidiary of Opportunity International; and Jubilee Insurance, a Kenyan insurance provider, recently partnered to offer life and disability insurance called yuCover for yuMobile’s pre-pay subscribers.
MICROCAPITAL BRIEF: LeapFrog Takes 15% Stake in Mahindra Insurance Brokers for $15m in Effort to Boost Impact in Rural India
LeapFrog Investments, a for-profit private equity fund that invests in microinsurance, recently made its second investment in India in the past year by taking a 15-percent equity stake in Mahindra Insurance Brokers Limited (MIBL), an Indian insurance brokerage firm dedicated to serving rural Indians.
MICROCAPITAL BRIEF: India’s Insurance Regulatory and Development Authority May Require Insurers to Sign Up All Poor Families Within 5 Years
The Insurance Regulatory and Development Authority (IRDA), India’s insurance regulator, recently drafted a proposal intended to achieve complete outreach to families with incomes below the poverty line.
MICROCAPITAL BRIEF: India’s Life Insurance Corporation, Mobile Operator Robi Axiata of Bangladesh Launch Microinsurance Offerings
Life Insurance Corporation (LIC), an insurance company owned by the Indian government, recently launched Jeevan Deep, its third microinsurance policy offering.
MICROFINANCE EVENT: The African Microfinance Transparency to Host 5th Annual Investor’s Fair, Tunisia, October 11-12, 2012
Event name: Fifth Annual Investor’s Fair
Event date: October 11-12, 2012
MICROFINANCE PUBLICATION ROUND-UP: Microfinance Apexes; Confessions of a Microfinance Heretic; Selling Microinsurance
“A New Look at Microfinance Apexes;” by Sarah Forster, et al; published by CGAP (Consultative Group to Assist the Poor); July 2012; 26 pages; available at: http://www.cgap.org/p/site/c/template.rc/1.9.58459/
MICROFINANCE PUBLICATION ROUND-UP: Microfinance Trends in Latin America and the Caribbean; Livestock Insurance in India; Using “Digital Footprints” to Boost Financial Inclusion
“Latin American and the Caribbean Microfinance Market Trends 2006-2011;” by Renso Martinez Ramirez; published by Microfinance Information Exchange; June 2012; 22 pages; available at: http://www.themix.org/publications/mix-microfinance-world/2012/06/latin-american-and-caribbean-microfinance-market-trends-
MICROCAPITAL BRIEF: Insurance Regulatory and Development Authority (IRDA) of India Proposes Shop Owners be Allowed to Sell Microinsurance
India’s Insurance Regulatory and Development Authority (IRDA) reportedly has proposed in a draft set of Micro Insurance Regulations that propose shop owners should be allowed to sell microinsurance in order to increase the usage of insurance.
MICROCAPITAL EVENT: Munich Re Foundation, Microinsurance Network Present “8th International Microinsurance Conference”, Dar es Salaam, Tanzania, November 6-8, 2012
Event Name: 8th International Microinsurance Conference
MICROCAPITAL BRIEF: Future Generali India Introduces Microinsurance For Rural Businesses
Future Generali India, a private general insurance company, reportedly has created a microinsurance product targeted at rural business owners in India. The policy, called Future Sampoorna Suraksha, covers certain assets and liabilities of a business, such as produce, pump sets and furniture.
MICROFINANCE EVENT: Asia Insurance Review Presents “6th Asia Conference on Microinsurance: Microinsurance as a Growth Catalyst for Insurance to Reach Out to the Masses”, July 24-25, 2012, Manila, Philippines
Event Name: 6th Asia Conference on Microinsurance, “Microinsurance as a Growth Catalyst for Insurance to Reach Out to the Masses”
MICROFINANCE PUBLICATION ROUND-UP: Impact of Property Insurance in Ghana; Priority Issues for the Microfinance Sector; Investment in Sub-Saharan Africa
“’Doing the Math’ with Property Insurance in Ghana;” by Barbara Magnoni, et al; published by the Microinsurance Centre; May 2012; 9 pages; available at: http://www.microinsurancecentre.org/milk-project/milk-docs/doc_details/868-milk-brief-10-qdoing-the-mathq-with-property-insurance-in-ghana.html
MICROFINANCE EVENT: ILO’s Microinsurance Innovation Facility Presents “Interactive Launch of the Microinsurance Compendium: ‘Protecting the Poor,’ Volume II”, July 3, 2012, Geneva, Switzerland, and Online
Event Name: Interactive Launch of the Microinsurance Compendium, Volume II
Event Date: July 3, 2012, 16:00 – 18:30
Event Location: International Labour Organization Library, Geneva, Switzerland, and Online