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Assessment of Microinsurance as Emerging Microfinance Service for the Poor: The Case of the Philippines

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  • Asian Development Bank (ADB)

Abstract

The Asian Development Bank (ADB) has been one of the few active partners for microfinance development in the Philippines. It has contributed to the growth of formal microfinance activities, including expanding the outreach of diversified formal financial services to poor clients at the most affordable costs. The risk of making poor clients worse off because of unexpected events gave rise to the formation of ADB’s intervention focusing on microinsurance development. This report provides the initial sector assessment on emerging microinsurance activities and hopefully guidance on the way forward.

Suggested Citation

  • Asian Development Bank (ADB), 2013. "Assessment of Microinsurance as Emerging Microfinance Service for the Poor: The Case of the Philippines," ADB Reports RPT125189, Asian Development Bank (ADB), revised 15 May 2013.
    • Handle: RePEc:asd:wpaper:rpt125189
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    File URL: http://www.adb.org/sites/default/files/pub/2013/assessment-microinsurance-service-for-poor.pdf
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    File URL: http://www.adb.org/sites/default/files/pub/2013/assessment-microinsurance-service-for-poor.pdf
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