Mali Financial Sector Assessment Program [electronic resource] : The Insurance Sector.
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TextSeries: Financial Sector Assessment Program | World Bank e-LibraryPublication details: Washington, D.C. : The World Bank, 2015Description: 1 online resource (1 p.)Subject(s): Arbitrage | Capacity Building | Capital Markets | Capital Requirements | Cash Transfers | Climate | Collateral | Consumer Protection | Consumers | Creditworthiness | Crop Insurance | Deficit | Feasibility | Finance and Financial Sector Development | Financial and Private Sector Development | Financial Crisis | Financial Sector | Financial Services | Fraud | Health Insurance | Human Resources | Hurricanes | Incentives | Income Distribution | Insurance & Risk Mitigation | Insurance Industry | Insurance Law | Insurance Regulation | International Financial Standards and Systems | Law and Development | Life Insurance | Livestock Insurance | Microfinance Institutions | Microinsurance | Non Bank Financial Institutions | Poverty | Regulations | Risk | Risk Management | Savings | Supply Side | Sustainability | Taxes | UnderwritingOnline resources: Click here to access online Abstract: This note summarizes the findings and conclusions of the review of the insurance sector in Mali. The review was conducted as part of the 2015 financial sector assessment program (FSAP) in Mali. The main objectives of the review are to assess the structure, performance, and outlook of the insurance sector with respect to the potential for the sector to develop; and to contribute to the overall long term growth and development of the economy and the well-being of the country's population. The insurance market in Mali falls short of its potential today; however, its outlook is promising. This technical note looks at two questions: what role does the insurance sector play in Mali today?, and how can it play a more significant role? It highlights the potential of micro insurance and agriculture insurance in particular, and concludes with a number of recommendations.
This note summarizes the findings and conclusions of the review of the insurance sector in Mali. The review was conducted as part of the 2015 financial sector assessment program (FSAP) in Mali. The main objectives of the review are to assess the structure, performance, and outlook of the insurance sector with respect to the potential for the sector to develop; and to contribute to the overall long term growth and development of the economy and the well-being of the country's population. The insurance market in Mali falls short of its potential today; however, its outlook is promising. This technical note looks at two questions: what role does the insurance sector play in Mali today?, and how can it play a more significant role? It highlights the potential of micro insurance and agriculture insurance in particular, and concludes with a number of recommendations.
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