NU Online News Service, March 6, 1:08 p.m. EST
The growth of microinsurance in developing countries is at the same point insurance in developed nations was 100 years ago, a report suggests, and companies willing to enter into unconventional business programs are finding profit.
A special report from A.M. Best Co., “The Potential of Microinsurance,” suggests insurance programs for the lowest income individuals have challenges ranging from adverse selections to lack of profitability, but insurers “increasingly are inclined to include microinsurance in their long-term strategies.”
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
