The interactive map incorporates data about existing inclusive insurance regulation and regulation which supports inclusive insurance sourced through A2ii's research, work and interaction with supervisory authorities worldwide. The map is intended as an awareness-raising and knowledge-exchange tool, to help supervisors with identifying different practices in advancing inclusive insurance (EMDE) markets globally. To find out about legislation around the world, simply click on a country or explore the table. See below for further explanation of the map classifications.
Read the blog post 'Sixteen Years of Inclusive Insurance Regulation' that accompanied the launch of the map.
The map is by no means exhaustive and the information within is continuously updated to the best of A2ii's knowledge. A2ii welcomes supervisory input to the map; please send your comments, questions or interventions to firstname.lastname@example.org.
The most recent updates include:
2021: Brazil, Egypt, Ghana, Pakistan, Lesotho, Malaysia, Namibia, Zambia
2020: Costa Rica, Ethiopia, Eswatini, Madagascar, Mongolia, Mozambique, Nepal, Nigeria, Puerto Rico, South Africa, UAE, Uganda
2019: Argentina, Fiji, India, Kenya, Malawi, Papua New Guinea
2018: Cayman Islands, Chinese Taipei, Indonesia, Rwanda, Zimbabwe
Click on the top row of the columns to sort them.
Inclusive Insurance Regulation
We consider inclusive insurance regulation to be dedicated frameworks with a definition of microinsurance and/or inclusive insurance or its equivalent, whether by way of a single piece of legislation or combination of law and regulatory issuances.
- Microinsurance is insurance that is accessed by the low-income population (defined in the IAIS Issues Paper on the Regulation and Supervision of Microinsurance, 2007).
- Inclusive insurance is a broader term denoting all insurance products aimed at the excluded or underserved market; rather than just those aimed at the poor or a narrow conception of the low-income market (defined in the IAIS Conduct of Business in Inclusive Insurance Issues Paper, 2015).
Other supportive regulations
Regulations making insurance more accessible and inclusive, by allowing and promoting innovation, and helping to close the protection gap, such as: use of remote means, digital models, and e-signatures in insurance operations; mobile insurance; regulatory sandboxes; insurance against climate risks and disasters; index insurance; among other innovations and trends.