Links to interesting reads:
·
Touches
on an important discussion revolving around mobile microinsurance. “The
potential for mass distribution is significant but brings new risks as new
players enter the market, which challenges existing regulatory principles and
practices.” This article talks about mobile insurance in the context of the 3
pillars of Responsible Finance: 1) Consumer Protection Regulation, 2) Financial
Institutions’ Self-regulation, and 3) Financial Capability.
· Early-warning
systems are an important piece of the risk management system. Kenya is
preparing for heavier than usual rainfalls and seem to have considered various
potential impacts and taken measures to prevent livestock.
· On
the evolution of health spending and its link to the economic slowdown. The
rise in health spending will occur because “the underlying forces pushing up
medical costs remain in place”.
·
This briefing note reports on some
of the key insights and trends found during the regional microinsurance
landscape study of Africa. The results show a comparable growth of 30% in lives
covered by microinsurance since 2011. The briefing note also reports
interesting results on distribution and premiums and claims.
·
An overview and analysis of the
current state of microinsurance/inclusive insurance regulation in Southern
African Development Community. It was found that more than 95% of the entire
insurance market in SADC can be classified as the MI target market. So far only
two countries in SADC have enacted MI-specific regulation.