Literature review on microinsurance

Microinsurance Innovation Facility - Microinsurance Paper No. 1 (Electronic resource)

This paper provides a selective overview of the current state of research on microinsurance. Its key purpose is to identify knowledge gaps, that deserve further investigation. The review is structured along three core issues: the need for careful evaluation of the impact of microinsurance on the poor, the need to increase our understanding of the nature of the demand for microinsurance, including dimensions related to trust and the understanding of insurance by the poor, and finally, the need for further research on supply dimensions, focusing on the key challenges and bottlenecks for widespread and sustainable provision of microinsurance. For each of these core issues, a brief review of the literature is offered, as well as the questions that could guide further work, informing the research agenda of the Microinsurance Innovation Facility.