Opportunities and challenges for the development of microinsurance in Ethiopia

Opportunities and challenges for the development of microinsurance in Ethiopia

4 December, 2009    

Conducted for the International Labour Organization (ILO) and United Nations Capital Development Fund (UNCDF) this Cenfri research project reviews the opportunities and challenges for microinsurance emerging from the regulatory, supply-side and demand-side characteristics of the Ethiopian microinsurance market.

The purpose is to create a detailed picture of the microinsurance landscape that can serve as basis for discussion with stakeholders and the consideration of potential strategies to develop microinsurance in Ethiopia. Cenfri was responsible for the developing the overall findings and with specific responsibilities to look at the supply-side and regulatory components of the study. Oxfam America was responsible for the demand-side component of the study.


Download the report Size 1mb

 

As part of their involvement in the building of an inclusive insurance market in Ethiopia, the ILO and UNCDF hosted a Roundtable Session on the Development of Microinsurance in Ethiopia on 21 October 2008 in Addis Ababa. The purpose of the workshop was to present and discuss the preliminary findings of the review on the microinsurance landscape in Ethiopia and to start a conversation on what actions may be required to facilitate the development of microinsurance in Ethiopia. The Roundtable Session was attended by the insurance regulator (the Insurance Supervision Department in the Bank of Ethiopia) insurance companies, insurance brokers, microfinance institutions (MFIs) and donor organizations. The presentations made at the session can be found below:


Download the ILO presentation Size 428kb
Download the Oxfam presentation Size 505kb
Download the Cenfri presentation Size 390kb
Download the speech Size 67kb
Similar Articles
7 Lessons from 2024
Our work at Cenfri rarely follows the typical rhythms of the calendar year, yet, as 2024 draws to a close, we thought it would be good to reflect o...
Scaling up health microinsurance in Kenya: Insights and opportunities
How can we prevent high healthcare costs and low insurance penetration from driving peo...
A pocket guide to navigating the structure of the G20
On 1 December 2024, South Africa will take over the G20 presidency. This is a fantastic opportunity for Africa. In his recent Troika ...
Supporting the development of a digital finance index
Digital financial services are transforming global financial service provision and access. Rapid developments in fintech are disrupting and transfo...