Sri Lanka needs proper regulation for microinsurance to enable this sector to grow, according to a new report produced by the International Cooperative and
New research from Lloyd’s and the Centre for Economics and Business Research (CEBR) has found that there is an estima
What is the 5-5-5?
ICMIF’s 5-5-5 Mutual Microinsurance Strategy is a five year project based in five emerging market countries and aims to provide five million households with insurance cover for the first time to take them out of poverty. The ultimate objective is to build resilience in poor communities.
The 5 Countries
The countries identified to take part in the 5-5-5 Strategy are India, The Philippines, Kenya, Sri Lanka and Colombia. The country selection criteria being:
- Frontrunner in microinsurance
- High incidence of poverty
- Geographic reach
- ICMIF member presence