By Kwame Buist
LUSAKA, Zambia (IDN) – Billions of uninsured individuals, families and small businesses are exposed to risks which can result in catastrophic losses, delegates to the 14th International Microinsurance Conference (IMC) on ‘Inclusive Insurance for Emerging Markets’ in Lusaka were told.
Despite encouraging signs of increased insurance cover uptake in some markets, climate change and extreme weather events are exposing the poorest and most vulnerable to risk as never before.