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The Landscape of Microinsurance 2024

The Landscape of Microinsurance 2024

The Landscape of Microinsurance 2024 analyzes the growth and evolution of microinsurance, highlighting its critical role in supporting vulnerable populations facing climate shocks, crises, and financial insecurity. It covers 344 million people across 37 countries, examines regulatory frameworks, distribution channels, and subsidies, and emphasizes the need to close the protection gap while fostering long-term market development.

Better Weather Protection for Tanzanian Farmers

One Acre Fund and Global Parametrics piloted an innovative weather-index microinsurance solution using the Water Balance Index for ~70,000 Tanzanian smallholder farmers. The parametric cover enabled timely payouts and improved resilience against drought and excess rain.

Global Parametrics & One Acre Fund Provide Weather Protection for Tanzanian Farmers

One Acre Fund, a nonprofit that supports smallholder farmers, partnered with Global Parametrics to pioneer a new Water Balance Index protecting 70,000 farmers in Tanzania from drought and excessive rainfall. This index-based weather insurance enables fast, affordable payouts, strengthening farmers' resilience to a volatile climate.

InsuResilience Solutions Fund – Development of an Insurance Programme for Public Schools in Peru

Public-private partnership to insure 50,000+ Peruvian public schools against natural disasters with parametric payouts. Led by APESEG and ISF with support from IDF, AXA XL, and Munich Re.

Social Finance Brief: MiCRO - The Microinsurance Catastrophe Risk Organization

Social Finance Brief on MiCRO, focusing on their approach to agricultural insurance in Latin America. Highlights innovative financial solutions tailored to vulnerable farming populations, operational strategies, and key implementation insights drawn from regional experience.

Social Finance Brief: Pacífico Seguros

Social Finance Brief on Pacífico Seguros in Peru, outlining their experience in delivering non-life (property) insurance solutions. The brief explores product innovation, operational models, and lessons learned through collaboration with ILO Impact Insurance and MiM, focused on strengthening financial resilience through non-agricultural property coverage.