Regulation is instrumental in development of microinsurance in any country. Microinsurance regulations have been, and are being, developed in several developing countries, with variable success rates. The microinsurance sector is trying to understand what aspects of regulation create an effective and efficient microinsurance market in any country. This note discusses a framework for comprehensive analysis of microinsurance regulation through assessment of three broad aspects: regulatory capacity, clarity in regulation and promotion of microinsurance.

Leave Comments