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Index Insurance and Cash Transfers: A Comparative Analysis from Northern Kenya
Cash transfers and index insurance have become popular interventions by development agencies
worldwide. But they operate in radically different ways. In principle, these could offer complementary or
substitute means of ...
WELFARE IMPACTS OF INDEX INSURANCE IN THE PRESENCE OF A POVERTY TRAP
This paper evaluates the effectiveness of an index-based livestock insurance (IBLI)
product designed to compensate for area average predicted livestock mortality loss in
northern Kenya, where previous work has established ...
Index-based insurance: Lottery ticket or insurance?
Environmental shocks are drivers of poverty as well as a
fact of life in many rural areas of the developing world. In
the developed world, agricultural insurance provides some
protection from such calamities. But conventional ...
The Subjective Well-being Effects of Imperfect Insurance that Doesn’t Pay Out
In this paper we estimate the effects of an imperfect insurance coverage on subjective well-being of a poor, rural population, by exploring whether insurance in force improves subjective well-being and whether insurance ...
Designing index based livestock insurance for managing asset risk in northern Kenya
This article describes a novel indexbased
livestock insurance (IBLI) product piloted among pastoralists in
Northern Kenya, where insurance markets are effectively absent and uninsured risk exposure is a main
cause of ...
The favourable impacts of Index-Based Livestock Insurance: Evaluation results from Ethiopia and Kenya
The Index-Based Livestock Insurance (IBLI) product
leverages the strong correlation between a remotely
sensed vegetation index and livestock losses associated
with forage shortages to offer insurance coverage to
pastoralists ...
Characterization for index based livestock insurance
Pastoral populations of subSaharan
Africa are particularly vulnerable to losses in wealth and productive assets via herdmortality shocks.
Although conventional insurance mechanisms covering individual losses are not cost ...
Basis Risk and the Welfare Gains from Index Insurance: Evidence from Northern Kenya
Index insurance products circumvent many of the transaction costs and asymmetric information problems that obstruct provision of low value conventional insurance policies in developing countries. Recent years have seen ...
How Basis Risk and Spatiotemporal Adverse Selection Influence Demand for Index Insurance: Evidence from Northern Kenya
Basis risk – the remaining risk that an insured individual faces – is widely acknowledged as the Achilles Heel of index insurance, but to date there has been no direct study of its role in determining demand for index ...
Index-Based Livestock Insurance in Northern Kenya: An Analysis of the Patterns and Determinants of Purchase- very provisional, initial results!
Presentation of Index-Based Livestock Insurance in Northern Kenya: An Analysis of the Patterns and Determinants of Purchase- very provisional, initial results!.