Making insurance markets work for the poor : microinsurance policy, regulation and supervision; Uganda case study

Abstract

Financial inclusion is achieved when individual and low-income consumers can access and sustainably use financial services appropriate to their needs. The aim of this cross-country study is towards greater financial inclusion for insurance products; therefore an understanding of market determinants forms the basis for the analysis. The Ugandan population faces significant health risks, including malaria, HIV and diseases driven by poverty or poor living conditions. This document presents findings from the Uganda component of a five-country case study on the role of regulation in the development of microinsurance markets.