Inclusive Insurance - A missing piece in many National Financial Inclusion Strategies Policy Note
Policy makers and supervisors have been recognising the importance of National Financial Inclusion Strategies (NFIS) and Financial Sector Strategies as policy tools for financial inclusion. More recently, the topic of insurance has become an integral part of these strategies. Its integration is particularly relevant as insurance market development supports national policy objectives, promotes financial sector development, builds the resilience of vulnerable households, enterprises and communities, fosters the sustainable growth of households, enterprises and communities, and mobilises funds for investments. This note provides a summary of a stock-taking jointly implemented by the A2ii and the Alliance for Financial Inclusion (AFI), including the main results of a survey and examples from the case study countries Malaysia, Papua New Guinea, Paraguay and Tanzania.