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Governance and AMLA Worshop
Governance and AMLA Worshop
National Microinsurance Forum Showcases a Thriving Microinsurance Sector
National Microinsurance Forum Showcases a Thriving Microinsurance Sector

The government and the private sector work together with microinsurance mutual benefit associations to bring microinsurance to millions of Filipinos.

Braving the New Normal with Greater Social Protection Through Microinsurance
Braving the New Normal with Greater Social Protection Through Microinsurance

In these challenging times brought on by the pandemic, microinsurance has become an important lifeline for Filipinos with low income and limited access to mainstream insurance services. Microinsurance has come a long way in the Philippines, from a coverage of less than three million low-income Filipinos in 2007, the number has surged to 40 million individuals in 2019.

Coping with COVID Through Microinsurance
Coping with COVID Through Microinsurance

By the Microinsurance MBA Association of the Philippines, Inc. (MiMAP)

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At-a-Glance - June 2022

Mi-MBA Members - Partners

18

Membership

7.86 Million

Individual Insured

29.38 Million

Contribution - Premium

3.22 Billion

Claims - Paid

1.06 Billion

Equity Value Cumulative

13.81 Billion

Equity Value For The Year

855.04 Million

Release of Equity Value

592.71 Million

Total Number of Claims Paid (BLIP)

41,763

Average Amounts of Death Claims per Day

5.90 Million

Average Number of Death Claims per Day

232

Stories Behind Us

#NMiForum2022 Session 1
Improving climate resilience of poor & developing communities

#NMiForum2022 Session 3
Securing protection & resilience of MSMEs

#NMiForum2022 Session 2
Managing products & distribution innovations

#NMiForum2022 Session 4
Improving employment environment

Events

Management Forum “Improving Regulatory Compliance and Operating Systems”
August 24-26, 2022
Management Forum