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Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya

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Title Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya
 
Creator Agency for Rangeland Information and Development in Kenya
 
Description Index-based livestock insurance (IBLI) is a donor-funded programme aimed at designing, developing and implementing market-mediated, index-based insurance products to protect livestock keepers, particularly in the drought-prone arid and semi-arid lands (ASALs), from drought-related asset losses. The IBLI index is based on satellite data, which measure the quality of the pastureland every 10–16 days. These data are inputs to a statistical model of livestock mortality developed using historical data from the region. When evolving range conditions predict livestock mortality in excess of a critical threshold (say 15%) over a predetermined area, the insurance pays contract-holding pastoralists for their losses, allowing them to manage their individual risk. The programme operates under the International Livestock Research Institute (ILRI) and is delivered by several private sector insurance providers, with financial support from the United Kingdom Department for International Development (DFID), Australia’s Department of Foreign Affairs and Trade and the European Union.
 
Date 2018-11-05
2018-11-10T04:32:05Z
2018-11-10T04:32:05Z
 
Type Report
 
Identifier Agency for Rangeland Information and Development in Kenya. 2018. Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya. Wageningen, The Netherlands: CTA
978-92-9081-636-2
https://hdl.handle.net/10568/97904
 
Language en
 
Relation CTA Technical Report
 
Rights Copyrighted; Non-commercial use only
Open Access
 
Format 44 p.
application/pdf
 
Publisher Technical Centre for Agricultural and Rural Cooperation