Country Focus: Peru

In 2023, our monthly country focus is shifting gears (and format)! Access our (also) new-and-improved interactive country report in ENGLISH and in SPANISH and take our monthly quiz below to learn more about the inclusive insurance markets in our Landscape's focus countries. The winners each month will enter a quarterly draw - and the selected subscriber will win a prize!

This month it's Peru's turn - good luck! Make sure to access the country report - now in an equally refreshed format on our website to find the answers!

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* 1. Please provide your contact details.

Full name

Organisation

Email address

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* 2. What is the name of the insurance scheme provided by the Peruvian government to address weather risks?

Catastrophic Agricultural Insurance (SAC)

Climate Agricultural Insurance (SAC)

Negocio Protegido

Pacífico Seguros

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* 3. In what year was the first definition of microinsurance developed in Peru?

2005

2007

2010

2016

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* 4. Which microinsurance product line accounts for the largest market share in premiums earned?

Agriculture

Life

Health

Personal accident

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* 5. Which of the following is not mentioned as one of the challenges or opportunities in the report?

Lack of knowledge and understanding of the concept of microinsurance and microinsurance products

Unfavourable regulatory framework for the development of microinsurance

Explore new distribution channels for microinsurance and opportunities for innovative product development

Lack of data and resources to measure the impact of microinsurance on the economy.

50% of survey complete.