Posts Tagged ‘health insurance’

Microfinance Focus, Sep 2, 2010: Addressing a gathering at the Global Insurance Summit organized by ASSOCHAM in Mumbai on Wednesday, Union Finance Minister, Pranab Mukherjee stressed on the need of popularizing Microinsurance for achieving financial inclusion in the country. Identifying financial inclusion as one of the biggest challenges for the Indian insurance market, he said, “One of the important challenges before the insurance industry today is ... Full story

Microfinance Focus, May 7, 2010: LeapFrog Investments, the world's first microinsurance fund, announced its final close on $137 million for investments in Africa and Asia – a record amount that makes leapFrog the largest investor in microinsurance worldwide, according to an official statement. The fund announced major new investors including J.P. Morgan, TIAA-CREF, and Proparco as well as the Waterloo Foundation and the ACE Group. ... Full story

Microfinance Focus, Dec. 11, 2009: The ILO's Microinsurance Innovation Facility (http://www.ilo.org/microinsurance) has issued a call for proposals to encourage insurance providers to experiment with new products and develop strategic partnerships to bring affordable insurance products to working poor in developing countries. The ILO's Facility provides grants to support organisations to develop innovations in the microinsurance sector. The grants can support insurance against any type of risk, ... Full story

Microfinance Focus, Nov. 11, 2009: ‘First Microinsurance Agency (FMiA)’ in Karachi has offered several hundred clients basic outpatient care, along with information on health insurance.  This is the part of a new programme designed to make poor people aware of microinsurance services and their benefits. The health clinics programme, which is expected to continue, is meant to help fulfill FMiA’s goal of providing affordable insurance products ... Full story

Microfinance Focus, July 10, 2009: Indian health insurance industry aims to cover 500 million population over the next five years, said V. Vaidyanathan, ICICI Prudential Life Insurance managing director, at a FICCI-organised conference in New Delhi on Friday. Dr Rudiger Krech of GTZ pointed out that economic development and health insurance go hand in hand. He stressed the need for a comprehensive package which would cater the risks associated with  unemployment, injury, old age among others. He reiterated the need to develop social infrastructure like proper sewerage, education, pure water and said health insurance  is intricately associated with all these efforts. Factually speaking,  moneylenders who charge more that 25% interest are responsible for putting people back in poverty, he noted. Full story