Microinsurance market shows record subscriber numbers and premiums in 2021The number of Filipinos covered by short-term microinsurance products rose to a record 53.7m in 2021, alongside total premiums which exceeded the PHP10bn ($191m) mark for the first time.
GIZ RFPI Asia Reviews Impact of Microinsurance Regulation in Nepal and Introduces Insurance as a Disaster Risk Financing Option in addition to Disaster Risk PreparednessRFPI Asia, a regional program of GIZ headquartered in Manila, has been supporting the Insurance Board of Nepal (Beema Samiti) since 2013 in the promotion of microinsurance or inclusive insurance especially for the-low income sector.
Insurance Regulators, Industry Players and Local Communities Gathered Together to Raise Awareness on Financial Risk Protection thru Online CommunitiesBeing online is important as it provides a reliable and free venue to communicate with others but majority still has trust and security issues.
Insurance Commission conducts a seminar on MicroHealth to promote stronger health services for the poorA seminar with the theme, “Microinsurance: Strengthening the Universal Health Care System” was held at the Insurance Commission (IC) on 08 November 2016.
GIZ launches MEFIN Network and RFPI II AsiaHo Chi Minh, Vietnam, 20 January – After a successful implementation of the Regulatory Framework Promotion of Pro-poor Insurance Markets in Asia Program (RFPI Asia), the German Federal Ministry for Economic Cooperation and Development (BMZ) approved the funding and implementation of a second phase of this regional program.
Upcoming Training Program on Inclusive Insurance (Microinsurance) for Supervisors in Asia will take place 14-18 March, 2016 in Bangkok.GIZ RFPI will present jointly with the Insurance Commission of the Philippines, Microinsurance Division a 'Case Study on Philippines’ approach to developing an inclusive insurance market’
Promoting disaster risk insurance and sharing the Philippines’ experience of creating inclusive insurance marketsRFPI Asia at the 11th International Microinsurance Conference in Casablanca, Morocco. 3-5 November 2015
Discussing Microinsurance and Natural Catastrophes:
The Foromic, Latin America’s largest Microfinance Conference has been organized by the Multilateral Investment Fund (MIF), member of the IDB Group, since 1998 and held a total of 16 forums.
A multistakeholder Roundtable to promote Disaster Resiliency of MSMEsRFPI Asia launched the consultation process for the Development of a "Diagnostic Toolkit for Insurance against Natural Catastrophes for MSMEs in the agricultural and mining sector". Manila October 21, 2015
Micropensions: Filling the Protection Gap for the Low-Income and the Informal SectorRFPI Asia at the 11th Asia Conference on Pensions & Retirement Planning
Shanghai, China. September 9-10, 2015
Building institutional capacity and promoting insurance culture for disaster risk insuranceRFPI Asia at the OECD Global Seminar on Disaster Risk Financing
Kuala Lumpur, Malaysia. September 17-18, 2015
RFPI Asia at the APEC SME Finance Forum 2015For most micro, small and medium enterprises (MSMEs), lack of efficient and sustainable access to finance is most often ranked as the key issue preventing them from effectively participating in economic activities and global value chains.
GIZ, Gov't Agencies & Partners End Regional Consultation Series on Health MicroinsuranceThe Department of Finance–National Credit Council (DOF-NCC), Insurance Commission (IC) and Department of Health (DOH) recently completed the 5th and final regional consultation on the proposed Health Microinsurance (HMI) Policy and Regulatory Framework in Metro Manila.
Mexico is no stranger to effects of climate change. The country with a population close to 124 million and Mexico City, the largest city in the world, has its share of hurricanes and earthquakes. The 1985’s Hurricane Gilbert devastated coasts, properties and infrastructures. Thousands of people were left homeless.
Warming climate in Asia and the presence of geological risks make this region vulnerable to natural catastrophes (NatCat) and its more than 4 billion inhabitants exposed to various perils.
The Response to the Typhoon Haiyan (Yolanda)
According to the official Philippine Poverty Situation (2006) around 28 million Filipinos live below the poverty threshold.
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) through its regional flagship program on microinsurance, Regulatory Framework Promotion of Pro-poor Insurance Markets in Asia (RFPI Asia), supports Otoritas Jasa Keuangan (OJK) – the Financial Services Authority of Indonesia, General Insurance Association of Indonesia (AAUI), Life Insurance Association of Indonesia (AAJI), and the Association of Islamic Insurance Indonesia (AASI) in the launch of microtakaful product prototype during the Microinsurance Market Indonesia (Pasar Asuransi Micro Indonesia) held at Indonesia’s third largest city of Bogor, West Java
Asia, the largest continent on earth which covers 8.8% of the Earth’s land area, has the largest coastline at almost 4 million square miles, is also the most vulnerable landscape to natural calamities.
ASEAN financial leaders in Jakarta today will put into rounds of dialogue the concerns and challenges for "ONE ASEAN in 2015" with borderless financial integration towards inclusive growth.
The Landscape of Microinsurance in Asia and Oceania 2013 study report bares the state of microinsurance in this region as "outstanding".
GIZ-RFPI Asia highlighted its program, best learned practices and approach to support partner regulators in the recently concluded ADB-led fora, The OIC FPO Forum and The Microinsurance Stakeholders’ Forum last April 29 & 30 at the Windsor Suites Hotel, Thailand.
Committed to help significant portions of Indonesian population who live in poverty, the government, local and international stakeholders, and industry partners will gather to the 1st Microtakaful Conference at Hotel Borobudur Jakarta on April 24, 2014.
Microinsurance provides risk protection to 31 million low-income Filipinos
by BusinessMirror - December 9, 2015
The number of low-income Filipinos effectively extended risk cover under a so-called microinsurance program grew by leaps and bounds over the past five years
Microinsurance Manifesto
We call for action now. Challenge the climate. Respond to change.
Microinsurance Network: Experts take stock of the sector
Microinsurance experts from the Microinsurance Network will gather in Königstein, Germany
this June 23-24 to take stock of the current state of microinsurance and set priorities for the
coming years, balancing the interests of business and clients.
GIZ-RFPI Asia Interview on CNN Philippines' Serbisyo All Access Morning Show
The German Development Cooperation (GIZ), through its regional flagship program on microinsurance, the Regulatory Framework Promotion of Pro-Poor Insurance Markets in Asia, was featured recently in the Serbisyo All Access morning program of CNN Philippines Channel 9. Senior Advisor Dante Portula talked about microinsurance advocacy and partnerships with Philippine government agencies and industries.
GIZ Emphasizes Importance of Microinsurance in Nat Cat Response
Warming climate in Asia and the presence of geological risks make this region vulnerable to natural catastrophes (NatCat) and its more than 4 billion inhabitants exposed to various perils.
10th Microinsurance Confab: RFPI Asia Highlights PHL Microinsurance Response After Typhoon Haiyan
Mexico is no stranger to effects of climate change. The country with a population close to 124 million and Mexico City, the largest city in the world, has its share of hurricanes and earthquakes. The 1985’s Hurricane Gilbert devastated coasts, properties and infrastructures. Thousands of people were left homeless.
10th Microinsurance Confab: RFPI Asia Highlights PHL Microinsurance Response After Typhoon Haiyan
Mexico is no stranger to effects of climate change. The country with a population close to 124 million and Mexico City, the largest city in the world, has its share of hurricanes and earthquakes. The 1985’s Hurricane Gilbert devastated coasts, properties and infrastructures. Thousands of people were left homeless.
Government body seeks public views on health insurance
THE government’s Technical Working Group (TWG) on MicroHealth yesterday conducted the first of its series of public consultations on the Health Microinsurance (HMI) Framework, which will cover all people, most especially the poorest among the poor.
19 million Filipinos own microinsurance cover
THE number of Filipinos with some form of insurance has increased to 28 million, the majority of whom are covered by microinsurance policies that pay out benefits for contingent events resulting to loss of income.
GIZ-RFPI Asia Joins ASEAN Heads in Financial Inclusion Dialogue
Asia, the largest continent on earth which covers 8.8% of the Earth’s land area, has the largest coastline at almost 40 miles, is also the most vulnerable landscape to natural calamities.
GIZ-RFPI Asia Joins ASEAN Heads in Financial Inclusion Dialogue
ASEAN financial leaders in Jakarta today will put into rounds of dialogue the concerns and challenges for ONE ASEAN in 2015 with borderless financial integration towards inclusive growth.
GIZ, IIAP Ink Training Partnership on Microinsurance
German Development Cooperation (GIZ) and Insurance Institute for Asia and the Pacific (IIAP), sole insurance training institution in the Philippines, formally sealed last week the microinsurance training partnership agreement.
Microinsurance in Sri Lanka: Where is it heading?
The Landscape of Microinsurance in Asia and Oceania 2013 study report bares the state of microinsurance in this region as "outstanding".
Microinsurance Landscape Study 2013 Affirms Outstanding State of Microinsurance in Asia and Oceania
The Landscape of Microinsurance in Asia and Oceania 2013 study report bares the state of microinsurance in this region as "outstanding".
Microinsurance in Asia and Oceania
Outstanding progress with big leaps waiting
Dante Portula’s radio interview
Dante Portula joins Triple I Society in the recent Insurance For All interview radio program with live streams via DWBR 104.3 FM
Inclusive Insurance: A novel opportunity for the Mongolian Insurance Industry
The year 2014 marks the 80th year of the Mongolian insurance industry, one that has seen a rapid growth in the last five years as the country’s economy similarly experienced growth spurts largely due to a booming mining industry.
OJK: Asuransi Mikro Syariah Membantu Keuangan Inklusif
Jakarta (Antara) - Otoritas Jasa Keuangan (OJK) mengharapkan industri asuransi mikro syariah dapat membantu mewujudkan program keuangan inklusif (financial inclusion) sehingga perlu dikembangkan secara lebih luas di Tanah Air.
RFPI Asia Joins 2nd SAARC in Pakistan
GIZ, through its regional program, Regulatory Framework Promotion of Pro-poor Insurance Markets in Asia (RFPI Asia), will participate to the 2nd South Asian Association for Regional Cooperation (SAARC) Insurance Regulators Meet and International Conference from 14-16 April 2014 in Karachi, Pakistan.
Stakeholders Workshop In Thailand
GIZ-RFPI Asia highlighted its program, best learned practices and approach to support partner regulators in the recently concluded ADB-led fora, The OIC FPO Forum and The Microinsurance Stakeholders’ Forum last April 29 & 30 at the Windsor Suites Hotel, Thailand.
Microtakaful Conference Indonesia
The conference is jointly organized by the Otoritas Jasa Keuangan (OJK) – the Financial Services Authority of Indonesia, Asosiasi Asuransi Syariah Indonesia (AASI) – the Indonesia Sharia Insurance Association, and the German Development Cooperation (GIZ) through its program Regulatory Framework Promotion of Pro-poor Insurance Markets in Asia (RFPI Asia).
Microtakaful Advocacy unite OJK, AASI and GIZ in the Microtakaful Confab Indonesia
Committed to help significant portions of Indonesian population who live in poverty, the government, local and international stakeholders, and industry partners will gather to the 1st Microtakaful Conference at Hotel Borobudur Jakarta on April 24, 2014.
OJK, AASI and GIZ hold 2014 Microtakaful Confab Indonesia
RFPI Asia, AASI and OJK Indonesia invite various stakeholders to the 1st Microtakaful Conference at Hotel Borobudur Jakarta on April 24, 2014 at 8:00-4:00 pm. The conference will present the result of microtakaful market study in Indonesia.
DOF, IC and GIZ advocate for pro-poor microinsurance mechanism
Microinsurance guarantees to protect low income Filipinos from unforeseen perils. However, claim disputes may happen. If and when they do, the poor need not struggle with exorbitant court fees they may not afford.
Championing Microinsurance in Typhoon-ravaged Philippines
The devastation that typhoon Haiyan wrought in the central region of the Philippines in early November is beyond belief. Microinsurance champions are hard at work amidst the tragedy.
Nepal Insurance Board and German development program collaborate for microinsurance
The Insurance Board of Nepal (Beema Samiti) has formalized a partnership with the German Development Cooperation (GIZ) to improve the country’s insurance market.
Microinsurance dispute resolution guidelines issued in the Philippines
The Philippine Insurance Commission (PIC) has issued concrete guidelines to implement the Alternative Dispute Resolution for Microinsurance (ADReM) framework.
Rollout of Philippine Alternative Dispute Resolution for Microinsurance set for July
The Insurance Commission of the Philippines has set for itself a deadline until end-June 2013 to issue circulars on the “Guidelines for the Implementation of Alternative Dispute Resolution for Microinsurance (ADReM)”.
Six Asian insurance regulators declare commitment to inclusive insurance
Representatives of six Asian insurance regulatory authorities today adopted a pioneering declaration that recognizes the challenges to providing risk protection to low-income individuals and enjoins the signatories to promote inclusive insurance markets in their respective countries.
PH and Germany renew commitment to microinsurance
The Philippine Insurance Commission and the Department of Finance – National Credit Council today inked a partnership with German International Cooperation (GIZ) to sustain the push for microinsurance in the country.