3 Challenges facing microinsurance internationally
Tuesday, 05 31 2016, Category: Insurance and Reinsurance, Country: World
Mr. Thomas Wiechers vice president of the mincroinsurance program of GIZ identified 3 challenges facing microinsurance internationally.
He indicated in the opening speech of the microinsurance conference that there are three challenges facing this sector such as the low premium levels, increased marketing costs and the low level of insurance awareness in society and the non-inclusion of insurance in education.
He added that the group of seven large industrial countries set a plan to protect people around the world from the climatic change and they used insurance to manage risk and limit risk.
Source: Al Mal News