Innovations in Microinsurance – Can index-based microinsurance be a sustainable instrument to reduce poverty?

In the field of microfinance, microinsurance aims to provide protection for low-income people against risk in exchange for a premium payment according and proportional to their respective risk exposure. As in industrialized countries almost everyone owns some type of insurance, in developing countries formal insurance contracts are uncommon and rare. This is due to diverse … Continue reading Innovations in Microinsurance – Can index-based microinsurance be a sustainable instrument to reduce poverty?