The microinsurance sector has experienced persistent growth in client outreach and premium volumes over the past ten years. Today, nearly 300 million low-income citizens in developing countries are covered by an insurance policy. Nonetheless, many people are still without cover. With the global middle class expected to grow to nearly five billion within two decades, we are looking at billions of people who are without a safety net and at risk of falling (back) into poverty.
The need to respond to this situation by improving supply to meet the increasing demand will be the main focus of the 13th International Microinsurance Conference. Representatives from insurance and reinsurance companies, investment funds, international organisations, NGOs and development-aid agencies as well as academics, policymakers and supervisory regulators will attend the conference. Participants will exchange views on current growth trends and risks in emerging markets and discuss key factors for successful implementation and maximised business opportunities to bring supply and demand to the next level.