Bester, Hennie, Chamberlain, Doubell, Hendrie, Simon, Hobden, Tim, Hougaard, Christine, Smith, Anja

This document presents the findings from the South African component of a five-country
case study on the role of regulation in the development of microinsurance markets. The
objectives of this project were to map the experience in a sample of five developing
countries (Colombia, India, the Philippines, South Africa and Uganda) where microinsurance
products have evolved and to consider the influence that policy, regulation and supervision
on the development of these markets. From this evidence base, cross-country lessons were
extracted that seek to offer guidance to policymakers, regulators and supervisors who are
looking to support the development of microinsurance in their jurisdiction. It must be
emphasized that these findings do not provide an easy recipe for developing microinsurance
but only identifies some of the key issues that need to be considered. In fact, the findings
emphasize the need for a comprehensive approach informed by and tailored to domestic
conditions and adjusted continuously as the environment evolves.

Open Access
ID
48924
Published date
Friday, January 2, 2009 - 05:00
Keywords Raw
[MICROINSURANCE][MICROFINANCE][POVERTY][STATE INTERVENTION][INSURANCE COMPANIES][HEALTH LEGISLATION][SOUTH AFRICA]