-
Zimbabwe to formalize microinsurance firms
ZIMBABWE is working on a framework to regulate and formalise operations of microinsurance firms targeting low income earners, the Insurance and Pensions Commission said. Microinsurance has been identified as a critical instrument for delivering effective and efficient insurance services and products as well as promoting financial inclusion.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
A proposal to build public health capacity in developing nations
In 2005, the World Health Assembly adopted a revised version of its International Health Regulations, a legally binding treaty among 196 nations to boost global health security and strengthen the world’s capacity to confront serious disease threats such as Ebola and SARS. A decade later, just one-third of countries have the ability to respond to a public health emergency. That’s why Rebecca Katz thinks it’s time to get creative.
- Categories
- Health Care
-
AIG to Sell Crowdfunding Insurance, Looking to Make Money Off Investors’ Worries
American International Group is giving crowdfunding a try. Not to raise money for startups, but to profit off investors’ concerns about being ripped off as they invest in small businesses through this new type of funding.
- Categories
- Investing
- Region
- North America
-
Africa Accounts for Only 1.4% of World Insurance Premium
The African Insurance Organisation, AIO, has decried the low level of insurance penetration in Africa, saying that the continent can boast of only about 1.4 per cent of total world premium. President of AIO, Mrs. Lamia Ben Mahmoud who made the assertion at the 43rd Conference and Annual General Assembly of the AIO in Marrakech, Morocco last week noted that there is clear predominance of developed countries on the insurance market.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
NexThought Monday: Our inaugural podcast – a conversation with the MasterCard Foundation’s Ann Miles
In April, the MasterCard Foundation Fund for Rural Prosperity awarded over $10 million to five innovative companies working to increase financial access in rural Africa. In NextBillion's inaugural podcast, we spoke to Ann Miles, Director of Financial Inclusion & Youth Livelihoods at the MasterCard Foundation, about the competition's winners and the broader digital financial inclusion space in Africa.
- Categories
- Agriculture, Technology
-
Telenor’s newest plans: Dial I for insurance in India
Late last decade, Uninor (a JV between Telenor and Unitech) was among the brash new entrants to Indian telecom, giving larger players sleepless nights. At the vanguard of a price war, Uninor offered rates as low as 29 paise per minute and came up with schemes like unlimited talktime for students at a flat rate of Rs 37 for calls within the network.
- Categories
- Technology
- Region
- South Asia
-
Kenyan Government-backed Insurance to Cushion Farmers Against Poor Harvests
Farmers are set to benefit from a government-backed insurance plan with seven underwriters offering a cover against poor yields.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
-
Viewpoint: What is Driving Africa’s Low Insurance Coverage?
It has been established that only about five per cent to six per cent of Africa’s estimated 800 million people, excluding South Africa, has access to insurance services.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- insurance
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.