Microinsurance in Asia and Oceania Grows by 40%


Microinsurance in Asia and Oceania Grows by 40%

 According to new research released by the Munich Re Foundationand GIZ,the microinsurance sector in Asia and Oceania has reached 172millionlives and properties covered, representinga40% annual growth rate between 2010 and 2012.India is leading the market at over 100 million, whilstMalaysiaandIndonesiaemerge as having the most vibrant microinsurance markets with agrowth rate of 185% and over 100% respectively,over the same time period.1


File Name: MIC Asia and Oceania 2013_ Press Release 6 Nov_EN.pdf
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Created Date: 11-05-2013

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