Summary: Micro insurance could potentially reach 3 billion people and earn the industry up to $30 billion from insurance premiums. But only about 5% of the total market in Asia, Africa, and Latin America is covered, and only about 20% of micro insurance is being distributed by microfinance institutions globally. Micro insurance must expand globally to meet the needs of the poor. Read the transcript http://bit.ly/2sIvAJV Read the full policy brief https://www.adb.org/publications/financial-inclusion-digital-age Authors Shawn Hunter David Dole https://www.adb.org/adbi/about/staff-profiles/david-dole Valdimir dela Cruz https://www.adb.org/adbi/about/staff-profiles/valdimir-de-la-cruz
