Posts Tagged ‘microinsurance’

Microfinance Focus , Nov. 22, 2009 : Microinsurance, insurance for low income individuals, can play an important role in helping communities in developing countries mitigate and adapt to climate change, and to provide the security needed to develop long term sustainability projects, according to a report published by Lloyd’s, one of the world’s largest specialist insurance. In a new report produced by Lloyd’s 360 Risk Insight ... Full story

Microfinance Focus, Nov. 18, 2009: The UNDP is organizing a National Conference on the Status of Microinsurance in India, in collaboration with the Centre for Insurance and Risk Management (CIRM) and Centre for Micro Finance (CMF) at the Institute for Financial Management and Research (IFMR). The conference will be held in New Delhi on Dec. 10 and 11, 2009. The conference will assess the status of ... Full story

Microfinance Focus, Nov. 16, 2009: As part of the Asia Insurance Industry Awards 2009, Prof. David Dror, Chairman of the Micro Insurance Academy (MIA), New Delhi has been honoured as “Personality of the Year” at a ceremony organized recently by the Asia Insurance Review in Singapore, “for his groundbreaking research and study which has helped boost ... Full story

Microfinance Focus, Nov. 11, 2009: Max New York Life Insurance Company Limited, one of India's leading life insurance companies, won the coveted Asia Insurance Industry 'Innovation of the Year ' Award 2009 instituted by Asia Insurance Review.  Max New York Life has been recognized for an innovative new insurance product that untaps the potential offered by the millions of uninsureds in the country, said the ... Full story

Microfinance Focus, Nov. 11, 2009: ‘First Microinsurance Agency (FMiA)’ in Karachi has offered several hundred clients basic outpatient care, along with information on health insurance.  This is the part of a new programme designed to make poor people aware of microinsurance services and their benefits. The health clinics programme, which is expected to continue, is meant to help fulfill FMiA’s goal of providing affordable insurance products ... Full story

Microfinance Focus, Nov. 05, 2009: The 5th International Microinsurance Conference in Dakar, Senegal, has been taking place this week with the aim of unlocking the full potential of microinsurance by addressing the most challenging topics such as health, access and product design. Microinsurance has been growing and expanding rapidly in recent ... Full story

Microfinance Focus , Nov. o5, 2009  : The Access to Insurance Initiative announced that  Jonathon Dixon, Deputy Chief Executive Officer of Financial Services Board, South  Africa and Ramesh Rai Bhattrai, Executive Director of Beema Samiti (Insurance  Board), Nepal have been elected as the Chair and Vice-Chair of the Governing Board.  The board ... Full story

By Naagesh, N. Microfinance Focus, Sept. 16, 2009: To provide additional financial security to potentially 50 lakh (5 million) families, SKS Microfinance, in partnership with Bajaj Allianz Life Insurance has now launched its best-selling micro-insurance project ‘Swayam Shakti Suraksha’ to cover husbands of SKS members, who are usually women. ‘Swayam Shakti Suraksha’ scheme that presently covers SKS members will be extended to cover members' husbands. The premium ... Full story

By Naagesh Naaraayana Microfinance focus, Sept. 9, 2009: Hyderabad-based SKS Microfinance, India's largest microfinance company, has crossed five million clients, a milestone in its lending history. The company's Darbhanga branch in Bihar on Tuesday extended a loan worth Rs 10,000 to Ms Anita Devi. It has provided loans to 13,218 more clients since then. With this, SKS has reached 2.5 per cent of the country's population and distributed collateral-free loans worth Rs. 9,110 crore for income generation. Full story

Microfinance Focus, July 10, 2009: Indian health insurance industry aims to cover 500 million population over the next five years, said V. Vaidyanathan, ICICI Prudential Life Insurance managing director, at a FICCI-organised conference in New Delhi on Friday. Dr Rudiger Krech of GTZ pointed out that economic development and health insurance go hand in hand. He stressed the need for a comprehensive package which would cater the risks associated with  unemployment, injury, old age among others. He reiterated the need to develop social infrastructure like proper sewerage, education, pure water and said health insurance  is intricately associated with all these efforts. Factually speaking,  moneylenders who charge more that 25% interest are responsible for putting people back in poverty, he noted. Full story