Characterization for index based livestock insurance

Views
0% 0
Downloads
0 0%
CC-BY-NC-4.0

Open access

Thumbnail Image

View/Open

Date

2016-04-30

Date Issued

Authors

Citation

Christopher Mills, Nathaniel Jensen, Christopher Barrett, Andrew Mude. (30/4/2016). Characterization for index based livestock insurance. Nairobi, Kenya: International Livestock Research Institute (ILRI).

Abstract

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 effective in low income extensive grazing pastoral communities, index insurance for livestock offers a promising alternative. This paper identifies regions most suitable for an indexbased livestock insurance product: areas predicted to have high covariaterisk from drought, high potential demand for a livestock insurance product, and supporting market infrastructure for an insurance product. Our findings support current efforts to implement index insurance in Kenya and Ethiopia, and reveal additional areas for geographic expansion in western and southern Africa

Permanent link

https://hdl.handle.net/20.500.11766/5564

DOI

Collections

Agricultural Research Knowledge
Agriculture and Livelihood systems

Other URI

https://cgspace.cgiar.org/handle/handle.net/10568/75978

AGROVOC Keyword(s)

drylands; environment; insurance; livestock

Author(s) ORCID(s)

Jensen, Nathaniel  https://orcid.org/0000-0002-2946-5771
 Mude, Andrew  https://orcid.org/0000-0003-4903-6613