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Allianz Knowledge Newsletter, May 2008: A Dept Trap?

Allianz Knowledge Newsletter, May 2008: A Dept Trap?

Published 05-03-08

Submitted by Allianz

Dear Reader, Microcredit has been growing at double-digit rates over the last few years, but lately there have been concerns that it creates new burdens on the poor. Is microcredit really a blessing or a debt trap? Read our top story and decide for yourself.

Microinsurance is another expanding financial tool, designed to help the poor manage risk. We take a look at the latest Allianz microinsurance project in Egypt. In our expert interview, MicroInsurance Centre CEO Michael J. McCord explains why it will take more than just NGOs and microfinance institutions to reach the world's billion potential microinsurance clients. And Michael Anthony, who coordinates Allianz microinsurance projects worldwide, discusses Allianz's vision of insurance for the poor.

Read the complete Allianz Knowledge Newsletter, May 2008 here, and don't miss the launch of our new section on Safety & Security next month.

Your Allianz Knowledge Team

PS: If you like our newsletter and the idea of sharing knowledge, why not share it with others?

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Allianz

Our world is facing unprecedented challenges ranging from climate change to rapidly growing populations in some parts of the planet, and rapidly aging societies in others.

The Allianz Knowledge Partnersite focuses on these "mega-trends" and tries to create an open forum for debate. Drawing on the knowledge of countless Allianz experts, academic scholars, and NGOs, the Knowledge Site offers articles, interviews, multimedia tools and interactive features.

Why? Because we believe that through the spreading of knowledge, we can find sustainable answers to some of the problems we face today. It helps to create innovation, nurture ideas and develop the solutions we need to move forward.

You want to make a difference? Visit knowledge.allianz.com

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