LTW2022
LTW2022
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 - March 2022

Mi-MBA Members - Partners

18

Membership

7.64 Million

Individual Insured

26.68 Million

Contribution - Premium

₱ 1.61 Billion

Claims - Paid

₱ 463.14 Million

Equity Value Cumulative

₱ 12.91 Billion

Equity Value For The Year

₱ 933.93 Million

Release of Equity Value

₱ 155.73 Million

Total Number of Claims Paid (BLIP)

19,740

Average Amounts of Death Claims per Day

₱ 5.15 Million

Average Number of Death Claims per Day

219

Mi-MBA Claims Updates during National State of Calamity

Covered Period : March 16 to December 31

“There are 1,724 COVID-19 related claims “

Total amount of claims paid

1.26 Billion

Average amount of claims paid daily

3.53 Million

Total numbers of claims paid

57,436

Average numbers of claims paid daily

161

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

Leadership Training Workshop: Soft Skills for Servant Leadership
July 27-29, 2022
Soft Skills for Servant Leadership