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Microinsurance to reach 1 billion by 2020

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The number of low income people covered by microinsurance is expected to hit one billion by the end of the decade, according to the Luxembourg-based Microinsurance Network.

"Microinsurance, which currently provides coverage to 500 million people, could pass the one billion mark by the end of the decade," said Craig Churchill, chair of the Microinsurance Network and head

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