The 2018 Landscape of Microinsurance in Africa is based on the microinsurance activities of 100 insurers in Africa in 2017. Through their microinsurance activities, these insurers collectively covered a total of 15 million lives — almost 2% of the estimated 700 million people in the low-income bracket in the continent — and brought in total premiums of US$ 420 million, representing 1% of overall insurance premiums in Africa.