September 26, 2011
Global reinsurer Swiss Re is introducing business interruption coverage in case of cholera outbreaks for women entrepreneurs in Haiti. Swiss Re, together with Mercy Corps and Fonkoze, the largest microfinance organization in Haiti, are introducing a new cholera insurance program. …
June 10, 2011
Swiss Re is to reinsure a five-year project that provides drought insurance for crops in Ethiopia, in a microinsurance program developed by the World Food Program (WFP) and Oxfam America. The world’s biggest reinsurer will commit $1.25 million to the …
April 14, 2011
LeapFrog Investments has invested $14 million in East African insurance group Apollo Investment Ltd., which it says is the largest deal in the history of microinsurance in Africa. LeapFrog’s $135 million fund invests in companies providing insurance to under-served people …
March 23, 2011
International reinsurance broker Guy Carpenter & Co. announced that it will receive a $1.0 million grant from the International Finance Corporation (IFC), a member of the World Bank Group. The grant will be used to help “develop a market for …
January 25, 2011
“The technology landscape in developing countries is changing rapidly – sometimes outpacing industrialized markets,” according to a new study from Zurich Financial Services. “These changes are driving innovations and providing access to new markets in ways that were unimaginable just …