Feature
The 2024 Landscape of Microinsurance: Busting myths on microinsurance
In March 2025, the Microinsurance Network released the 2024 Landscape of Microinsurance – its annual snapshot of the industry's health and growth. Previewed at the International Conference on Inclusive Insurance in Kathmandu, the report’s early findings were used to challenge six persistent myths about microinsurance. In this article, we unpack those myths – from scalability doubts to regulatory hurdles – and explore what the latest data really tells us.
Meet our new institutional members
e-MFP, with around 120 members, is the leading European network of organisations and individuals active in the financial inclusion sector in developing countries. It promotes activities that expand global access to affordable, quality, sustainable, and inclusive financial services for the un(der)banked by fostering knowledge-sharing, partnership development, and innovation. e-MFP undertakes a range of sector-wide initiatives, including specialised Action Groups, co-organisation of the European Microfinance Award, and hosting the annual European Microfinance Week - one of the sector’s most important events.
MiN, Members & Partners: Upcoming Events
- International Conference on Inclusive Insurance 2025 (ICII 2025) | 13-17 October 2025 | Quito, Ecuador | Call for proposals (Deadline: 10 May 2025) /// Call for rapporteur applications (Deadline: 30 June 2025) /// Opportunity to organise a field trip
- ILO-MiN webinar series Learning from the Leaders. Webinar 2: Improving distribution models and partnerships in inclusive insurance | 30 April 2025 from 15:00-16:15 CEST | Register here
- Insurance Federation of Egypt, Munich Re Foundation, FinProbity Solutions, Microinsurance Network | 4th Microinsurance Conference &10th Africa Regional Conference | 7-9 May 2025 | Luxor, Egypt | Register here
- Microinsurance Network | Africa Regional Member Meeting | 16:00-18:00 EET (meeting) / 18:30 EET (dinner), 6 May 2025 | Luxor, Egypt (venue & agenda to be announced soon)
- A2ii-IAIS Public Dialogue - Index Insurance Innovations, Challenges, and Regulatory Trends | 7 May 2025 | Online | Register here
MiN, Members & Partners: News, Blogs & Resources
- Microinsurance Network: Landscape of Microinsurance 2024 is now also available in Spanish & French!
- Microinsurance Network: Relaunch of the Gender & Inclusive Insurance Best Practice Group | Are you our member? Check your email for the registration link or contact Karimi Nthiga (Africa Regional Coordinator)
- AB Entheos: How ResilientME! is transforming financial literacy for small businesses
- European Microfinance Award 2025 receives unprecedented interest; record field of applications received for Award on ‘Building Resilience through Inclusive Insurance’
- Global Shield Against Climate Risks: Ghana receives first insurance payouts by the African Risk Capacity to help address impacts of recent droughts
- Munich Re Foundation’s Annual Report 2024
Jobs, Internships & RFPs
- ACLI | Multiple job openings | Apply here
- ACRE Africa | Young Professional GIS & Earth Observation | Nairobi, Kenya | Apply by 22 April 2025
- ILO | Technical Officer – Banking sector | Baghdad, Iraq | Apply by 24 April 2025
- LeapFrog Investments | Compliance Associate, Legal | Johannesburg, Gauteng (Hybrid) | Apply here
- One Acre Fund | Rwanda Microinsurance Associate (Fixed-Term) | Kigali, Rwanda | Apply by 8 July 2025
Elsewhere in the sector…
- Collaboration to expand benefits of satellite-based agricultural crop insurance in Nepal
- India’s farm insurance proves costly for most vulnerable
- Insurance Commission (Philippines), crop insurer bolster services
- Office of Insurance Commission (Thailand) joins hands with insurance business to launch microinsurance
- Philippine regulator revamps investment rules for insurers, reinsurers