(Re)insurance micro insurance consortium launched

A group of (re)insurers and MMC broking entities has launched a
micro insurance consortium to help incubate risk protection markets
in developing countries.
The consortium consists of American International Group (AIG),
Aspen, Catlin, Guy Carpenter in conjunction with its parent Marsh
and McLennan Companies, Hamilton Insurance Group, Trans Re, XL and
Zurich.
The group also announced the launch of a micro insurance venture
incubator (MVI), a Bermuda-based entity that is committed to launch
ten mi