Lives covered by microinsurance go up by 15.39% in Q1

MICROINSURANCE coverage went up by 15.39% year on year in the first quarter, driven mainly by the mutual benefit association (MBA) sector, the Insurance Commission (IC) said in a statement on Tuesday. A total of 51.71 million lives were covered by microinsurance policies issued by insurance companies and MBAs as of end-March, up from 44.81 […]