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
This case study explains how IBLI used satellite data to insure camels, cows, sheep and goats to develop the world’s
first insurance for African pastoralists. Continue reading
Private insurance against drought, common elsewhere in the world, has been successfully piloted in northern Kenya since 2010, as well as in parts of southern Ethiopia. Continue reading
About 80% of Kenya’s land is arid or semi-arid lands (ASAL) with the main livelihoods being pastoral, agro-pastoral and subsistence agriculture. Farmers and herders in these areas, among the poorest in the country, suffer from a weak natural resource base in addition to weak institutions and infrastructure. In such cases droughts act as a covariate shock … Continue reading
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
Claims Settlement Award General Insurance Award Entry Continue reading
The Index Based Livestock Insurance (IBLI) team had a very exciting week from the 1 to 5 July 2014 with two talks by Prof. Chris Barret and presentations by Russell Toth and Anton Vrieling. Russel Toth, an Assistant Professor in the School of Economics at the University of Sydney, Australia, gave a presentation on ‘Productive … Continue reading
A new kind of insurance may protect herders against drought Apr 19th 2014 | WAJIR | From the print edition The Economist AS WELL as a cheque for $700, a knowing look passed between Hassan Bashir and Bashir Mohamed, his 80-year-old father. A payment at a ceremony for herders in Wajir, a town near Kenya’s … Continue reading
Source: Thomson Reuters Foundation – Fri, 4 Apr 2014 10:30 AM Author: Samuel Mintz LONDON (Thomson Reuters Foundation) – Researchers in Kenya have developed a pioneering insurance policy for nomadic Muslim livestock herders, which has now delivered its first payout to 101 farmers to compensate them for drought losses. The policy, which was purchased by … Continue reading
By Samuel Mintz, 4 April 2014 AlterNet London — Researchers in Kenya have developed a pioneering insurance policy for nomadic Muslim livestock herders, which has now delivered its first payout to 101 farmers to compensate them for drought losses. The policy, which was purchased by about 4,000 pastoralists in Northern Kenya, was developed by the … Continue reading
Index-Based Livestock Insurance 