CGAP Working Group on Microinsurance Good and Bad Practices: Almao and Yasiru, Sri Lanka, Case Study No. 21

This study covers two microinsurance schemes in Sri Lanka, ALMAO and Yasiru. Both operate through local organizations that manage all fieldwork. The local partners recruit clients/members, collect premiums and administer claims. The main target group for both ALMAO and Yasiru is the rural poor.

This paper was commissioned by the “Good and Bad Practices in Microinsurance” project. Managed by the ILO’s Social Finance Programme for the CGAP Working Group on Microinsurance, this project is jointly funded by SIDA, DFID, GTZ, and the ILO. The major outputs of this project are:

1. A series of case studies to identify good and bad practices in microinsurance.
2. A synthesis document of good and bad practices in microinsurance for practitioners based on an analysis of the case studies. The major lessons from the case studies will also be published in a series of two-page briefing notes for easy access by practitioners.
3. Donor guidelines for funding microinsurance.