{"id":14831,"date":"2014-06-05T04:45:57","date_gmt":"2014-06-05T04:45:57","guid":{"rendered":"https:\/\/new.igihe.com\/without-insurance-every-risk-is-magnified\/"},"modified":"2014-06-11T06:25:15","modified_gmt":"2014-06-11T06:25:15","slug":"without-insurance-every-risk-is-magnified","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/without-insurance-every-risk-is-magnified\/","title":{"rendered":"Without Insurance, Every Risk is Magnified"},"content":{"rendered":"
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{{President Kagame has stated that insurance is about people, about their deepest hopes and fears in spite of the fact that there exists a wide gap between public understanding and the critical importance insurance services play in their daily lives. }} <\/p>\n

President Kagame said this today while officially closing the 41st African Insurance Organisation General Assembly and Conference at Serena Kigali hotel:<\/p>\n

\u201cWithout insurance we cannot drive cars, or build infrastructure, or provide healthcare, without serious concerns. Without insurance, every risk is magnified. A person can literally lose everything. Insurance makes life less scary by providing a safety net beyond what the state alone could ever offer. <\/p>\n

In pursuing your vocation as underwriters which includes producing a return for your shareholders you free up the insured to be more productive, entrepreneurial, and future minded.\u201d<\/p>\n

President Kagame pointed out that low penetration of insurance products in Africa is as much of a challenge as it is an opportunity because the untapped potential for innovation as well as the scope for increased public-private partnership is huge.<\/p>\n

Citing Rwanda as an example, President Kagame said the fact that a greater portion of foreign investment in the financial sector, including insurance comes from elsewhere on the continent demonstrates growing confidence in Africa\u2019s future, which in turn enhances its attractiveness globally.<\/p>\n

In conclusion, President Kagame urged Africans to continue working together as governments and as companies across the continent, pooling know-how and resources until products and services are within the reach of every family in Africa.<\/p>\n

\u201cThis conference is now closing, but our work is not done. We are counting on your input to set and continue the important agenda.\u201d<\/p>\n

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{{President Kagame has stated that insurance is about people, about their deepest hopes and fears in spite of the fact that there exists a wide gap between public understanding and the critical importance insurance services play in their daily lives. }} President Kagame said this today while officially closing the 41st African Insurance Organisation General […]<\/p>\n","protected":false},"author":2,"featured_media":2000052559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-14831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000052559,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14831.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14831.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14831.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14831.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14831.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14831.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/14831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=14831"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/14831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000052559"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=14831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=14831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=14831"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=14831"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=14831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}