On the 15th July 2010, the Reserve Bank together with the Pacific Financial Inclusion Program organized an “Information Exchange on Micro-insurance in Fiji” with relevant stakeholders. The event saw stakeholders deliberate and discuss the extension of insurance to low income households in Fiji and enabled them to learn more about its potential for both low income households and insurance companies.
2  BIS central bankers’ speeches  The development of the micro-insurance industry will ensure that low income households can live life with dignity especially in times of adversity. Improved access to financial services for low income residents is definitely needed.