Centro de Documentacion de Fundación MAPFRE - Insurance Development in Emerging Markets : The role of public policy and regulation

MAP20220022156

Insurance Development in Emerging Markets : The role of public policy and regulation / Dennis Noordhoek, Bill Marcoux, Kai-Uwe Schanz. — Zurich : The Geneva Association, 2022

42 p.

Sumario: Over the past few decades, the economies of many emerging markets have grown rapidly, lifting millions out of poverty and creating a rising middle class. Insurance is critical to economic development as it enables economic activity by protecting lives, livelihoods and assets against insurable risks. Insurance also acts as a shock absorber of adverse events, provides critical risk mitigation services and helps attract private capital to economies. An increase in climate-change-related events, COVID-19 and other catastrophes have heightened people's sense of vulnerability. For that reason, it is of great concern that insurance penetration in emerging markets remains low.1, 2 As a result, many of the individuals, households and businesses in the 14 markets covered in this study remain exposed to the risk of falling back into poverty and financial ruin.

1. Mercado de seguros . 2. Nuevas tecnologías . 3. Mercados emergentes . 4. Riesgos . I. Marcoux, Bill . II. Schanz, Kai-Uwe . III. Embedded Finance & Super App Strategies . IV. Título.