The microinsurance global market is poised to undergo an average 8.2% year-on-year growth during the 2016-2020 period, according to “Reinsurance News” magazine, dated on May 5, 2017.
In order to ensure their economic operations and secure their revenues, poor people and vulnerable households will be more and more compelled to make recourse to microinsurance, a product that is more compatible with their financial capacity.
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