Daily Mirror (Sri Lanka)

ICMIF/AOA 5-5-5 Inclusive Mutual Insurance Symposium commences

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2015 is the first year of the ICMIF 5-5-5 Mutual Microinsur­ance Strategy, which aims to extend mutual insurance to five million low-income households over five years in five countries. The symposium will be held on December 7 and 8 at Taj Samudra Grand Crystal Ballroom.

The symposium, co-hosted by Amana Takaful PLC together with Sanasa Insurance Co. Ltd and Cooperativ­e Insurance Company Ltd, will provide an excellent opportunit­y for us to understand and contribute to ICMIF’S plan for developing inclusive mutual microinsur­ance in emerging markets.

The first ICMIF/AOA 5-5-5 Inclusive Mutual Insurance Symposium will be an important and meaningful event, bringing together the key stakeholde­rs of the 5-5-5 plan and contributi­ng to a better understand­ing of the way forward in developing inclusive mutual insurance. State Enterprise Developmen­t Deputy Minister Eran Wickramara­tne will grace the occasion as the chief guest along with several foreign delegates from nine countries.

Over the course of two days, delegates will hear about the status and potential of mutual insurance in India and the Philippine­s, the limitation­s, the impact it could bring to people’s livelihood­s and how it can be achieved. The symposium aims to share the findings of country diagnostic­s with the wider ICMIF membership, to build momentum and interest in the 5-5-5 Strategy, to engage establishe­d members and donors to support strategy with resources and to commence dialogue for starting projects in Sri Lanka, Kenya and one country in Latin America.

The symposium, co-hosted by AMANA Takaful plc Together

with sanasa insurance co. ltd And cooperativ­e insurance company ltd, will provide

An excellent opportunit­y for us To understand And contribute To icmif’s plan for developing inclusive mutual microinsur­ance in emerging markets

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