In an article published on 2 March 2015 in Reactions magazine online, Victoria Beckett reports that ‘[r]ecent technology has allowed satellite imagery to assess weather damage’ and [o]ver the last few years “index-based livestock insurance (IBLI)” has provided insured pastoralists across Africa with a pay-out in times of drought, based on predicted rather than actual livestock deaths.’ Continue reading
Author Archives: IBLI Africa
Drylands / DRYLANDSCRP / IBLI / ILRI / Insurance / Livestock / Pastoralism / SLS
Index-based insurance: Insurance or lottery tickets?
Recently, there has been much excitement around the use of index-based insurance as an alternative to conventional insurance products that may extend the rural poor’s access to formal insurance coverage in developing countries. Continue reading
Drylands / DRYLANDSCRP / Ethiopia / IBLI / ILRI / Insurance / Kenya / Livestock / Pastoralism / SLS
What are the environmental impacts of index-based livestock insurance?
Migrant pastoralists on the arid and semi-arid lands (ASAL) of East Africa are among the poorest and most vulnerable people on earth. Most of their economic activity is based around livestock herding and management. Continue reading
Drylands / DRYLANDSCRP / East Africa / Ethiopia / ILRI / Insurance / Kenya / Livestock / SLS
Does index insurance make people feel better off?
Uninsured risk exposure and the experience of uninsured shocks in low-income rural communities cause serious welfare losses and distort behaviors, potentially even resulting in poverty traps. However, conventional insurance products are routinely unavailable due to moral hazard and adverse selection problems, as well as high transaction costs in infrastructure-poor areas. Continue reading
Africa / CCAFS / Drylands / DRYLANDSCRP / East Africa / Ethiopia / ILRI / Insurance / Kenya / Livestock / SLS
New study proves index based insurance can work for rural poor on large scale
The new study, carried out by the CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS) and the International Center for Climate and Society (IRI) at Columbia University showcases projects that have overcome many of the challenges that have previously hindered the uptake of index-based insurance. Continue reading
About IBLI / Africa / DRYLANDSCRP / East Africa / IBLI Index / Insurance / Kenya / Livestock
Index based livestock insurance giving hope to pastoralists in Kenya
IBLI featured as part of the KRDP end of the year newsletter Continue reading
About IBLI / Africa / Climate Change / DRYLANDSCRP / East Africa / IBLI / ILRI / Insurance / Kenya / Livestock / SLS
Case study on the first insurance for Africa’s camels, cows, sheep and goats
On a hot morning in Nairobi in 2014, Andrew Mude, Team Leader for the Index-Based Livestock Insurance program (IBLI hereafter), looked out of his office window at cows grazing on Ngong Hills’ green pastures, but his mind was elsewhere. Continue reading
About IBLI / Africa / Climate Change / DRYLANDSCRP / East Africa / Ethiopia / IBLI / ILRI / Insurance / Livestock / Markets / SLS
Insurance for Ethiopian herders aims to combat drought, conflict – TRFN
A new insurance scheme in Ethiopia, known as index-based livestock insurance, aims to reduce losses, support pastoral communities, and lower the risk of conflict sparked by pastoralists migrating into agricultural areas in search of forage or water. Continue reading
Climate Change / DRYLANDSCRP / East Africa / Ethiopia / IBLI / ILRI / Insurance / Livestock / Markets / Resilience / SLS
Insuring the uninsured – IBLI and partners extend in Ethiopia
As the world of finance continues to evolve the need for insurance also is growing both in Ethiopia and around the world. However rural communities and especially pastoralist communities tended until recently to have been denied access to insurance among other reasons being their remoteness and lack of specialized insurance scheme for their community. But that’s about to change as Oromia Insurance Company Share Company (OIC) one of the newest entrants to the industry has embarked on covering this often neglected community starting with the Borena pastoralist community Continue reading
About IBLI / Africa / CCAFS / Climate Change / DRYLANDSCRP / East Africa / IBLI / ILRI / Insurance / Kenya / Livestock / PIL / Vulnerability
Pastoralists in Kenya’s drought-stricken areas receive payouts for loss
By Fabian Mangera WAJIR (Xinhua) Some 101 Muslim pastoralists on Tuesday received 5,800 U.S. dollar compensation for drought- induced losses suffered in Wajir County of northern Kenya. The pastoralists’ herds of sheep, goat, cattle and camels were insured in August 2013 by Takaful Insurance of Africa (TIA) with an Index-Based Livestock Insurance (IBLI) product, branded … Continue reading
Index-Based Livestock Insurance 