Making insurance markets work for the poor : microinsurance policy, regulation and supervision; evidence from five country case studies

Date

2009

Journal Title

Journal ISSN

Volume Title

Publisher

CGAP Working Group on Microinsurance

Abstract

This document presents the executive summary and guidelines based on five country case studies on the role of regulation in the development of microinsurance markets. The objectives of this project were to map the experience in a sample of five developing countries (Colombia, India, the Philippines, South Africa and Uganda) where microinsurance products have evolved and to consider the influence that policy, regulation and supervision have had on the development of these markets. This evidence was used to extract crosscountry lessons that seek to offer guidance to policymakers, regulators and supervisors who are looking to support the development of microinsurance in their jurisdiction. It must be emphasised that these findings do not provide an easy recipe for developing microinsurance but only identify some of the key issues that need to be considered. In fact, the findings emphasise the need for a comprehensive approach that is informed by, and tailored to, domestic conditions and adjusted continuously as the environment evolves.

Description

The table of contents for this item can be shared with the requester. The requester may then choose one chapter, up to 10% of the item, as per the Fair Dealing provision of the Canadian Copyright Act

Keywords

MICROINSURANCE, MICROFINANCE, POVERTY, STATE INTERVENTION, INSURANCE COMPANIES, HEALTH LEGISLATION, COLOMBIA, INDIA, PHILIPPINES, SOUTH AFRICA, UGANDA

Citation

DOI