Africa Re and ILO sign microinsurance agreement
Thursday, 10 29 2015, Category: Insurance and Reinsurance, Country: Africa
Africa Re has signed a partnership agreement with the ILO’s Impact Insurance Facility to support and enhance the development of microinsurance markets in African countries.
The agreement was signed through Africa Re’s corporate social responsibility fund. It will see the reinsurance firm provide financial assistance to support mutually selected initiatives and activities of the ILO’s Impact Insurance Facility, with the aim of developing the capacity of insurance providers to offer valuable insurance products to the financially excluded population and promoting of cross country collaboration and sharing of good practices among African countries.
Source: Intelligent Insurer