Microinsurance under regulators' spotlight
The International Association of Insurance Supervisors (IAIS) annual conference to be held this week (21-24 October) in Rio de Janeiro, Brazil will be taking 'Insurance as a means of socioeconomic development' as one of its key themes.
The Brazilian administration has long been a leading proponent of microinsurance and other microfinance schemes as a means of fomenting growth in its developing economy, and the move highlights the increased profile of low sum insured schemes on the global insurance stage.
As...
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