Microinsurance: Improving Risk Management for the Poor, No. 5 (French)

Publication Date: Dec 2004
Published by: CGAP Working Group on Microinsurance
Document Type: Newsletter

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What’s new with microinsurance?

MICROINSURANCE is a quarterly newsletter issued by The Working Group on Micro insurance. This particular edition comprised of the following articles:

• Regulation and supervision in micro insurance: Discusses the pros and cons of regulation in the field of micro insurance;
• Micro insurance regulation in India:
  • States that the Indian Government has been very active in the field of regulating micro insurance and
  • Discusses two documents published by The Insurance Regulatory and Development Authority of India (IRDA): “Obligations of Investors to Rural Social Sector” and “Concept Paper on Need for Regulations on Micro Insurance in India”.
• A case study of the “Centre for Agricultural Research and Development (CARD)” in the Philippines:
  • New governmental regulations have made it possible for Mutual Benefit Associations (MBAs), like CARD, to sell directly to its members, but the tax burden made it abandon the effort.
• An insurance product – “Takaful”: An Islamic insurance that operates like a cooperative with added restrictions on investments and more flexibility in capital formation.

The News Letter also briefly presents the following:

• Terms and definitions used in micro insurance;
• More information on microinsurance regulation;
• Latest publications;
• Events;
• News from the Working Group.

The newsletter is available in English, Russian.