Kenya’s drought insurance scheme shelters herders from financial storm

Posted on April 28, 2014 by IBLI Africa • Leave a comment

New index-based livestock insurance protects vegetation rather than animals. But can it generate trust within the community? Daniel Howden in Wajir theguardian.com, Friday 4 April 2014 11.20 BST It was almost inevitable that the day chosen to make the first drought insurance payments in Wajir, in the arid north-east of Kenya, would be the … Continue reading →

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New insurance scheme protects Kenyan farmers

Posted on April 4, 2014 by IBLI Africa • Leave a comment

A new insurance programme in northern Kenya is helping farmers protect their livelihoods in dry seasons. Farmers who contribute to the scheme will be given payments should their livestock die. The initiative has already been linked to 33 per cent drop in food aid needed in the area. Al Jazeera’s Caroline Malone reports. Watch the … Continue reading →

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Insurer to compensate livestock farmers

Posted on April 4, 2014 by IBLI Africa • Leave a comment

Takaful Insurance will pay livestock farmers about Sh500,000 for losses incurred during the December to March dry season. The farmers, 30 women and 71 men from Wajir County, are the first to be compensated after they took up the Shariah compliant Index-Based Livestock Takaful (IBLT) cover in August 2013. Continue reading… By John Gachiri, Business daily … Continue reading →

event / IBLI / Insurance / Kenya / Pastoralism

Mifugo Maisha Payouts in Marsabit and Isiolo

Posted on March 30, 2014 by Dorine Odongo • Leave a comment

In March 2014, policyholders in 4 out of 6 divisions of Isiolo received payouts of approximately Kenya shillings 404,240. The bulk of the payout went to 10% trigger contract policyholders in Oldonyiro division. In Marsabit, policyholders received payouts amounting to Kenya shillings 65,940 in North Horr and Loiyangalani. The majority of payouts went to those … Continue reading →

DRYLANDSCRP / East Africa / event / IBLI / ILRI / Insurance / Kenya / Pastoralism / SLS

Insurance Payout in Wajir County with Takaful Insurance of Africa

Posted on March 30, 2014 by Dorine Odongo • Leave a comment

On 25 March 2014, one hundred and one pastoralists in Wajir town received compensation from their ‘sharia–compliant’ IBLI policy. The ceremony, which was hosted by Takaful Insurance of Africa and MercyCorps, received considerable media attention across a range of outlets, both national and international including the (BBC, Al-Jazeera, and The Economist to name a few). … Continue reading →

Africa / CCAFS / DRYLANDSCRP / East Africa / ILRI / Insurance / Kenya / Livestock / PIL

Africa’s first ‘Islamic-compliant’ livestock insurance pays herders in Kenya for drought-related livestock losses

Posted on March 29, 2014 by ILRI Communications • Leave a comment

Originally posted on ILRI news:
A boy and a woman struggle with the dusty wind looking for water in Wajir, Kenya (photo on Flickr by Jervis Sundays, Kenya Red Cross Society). Today, for the first time in Africa, an insurance policy that combines an Islamic-compliant financial instrument with innovative use of satellite imagery is compensating…

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Cow insurance gives Kenyan pastoralists greener pastures

Posted on November 8, 2013 by IBLI Africa • Leave a comment

The work of the IBLI project is showcased in several news items: AlJazeera Inter Press Service Continue reading →

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Scaling up IBLI in Isiolo (Kenya)

Posted on August 21, 2013 by IBLI Africa • Leave a comment

27th July 2013 saw the successful launch of IBLI in Isiolo. APA Insurance, World Vision Kenya and the International Livestock Research Institute (ILRI) have come together in a dedicated effort aimed at mitigating the effects of drought experienced by pastoralist communities in Isiolo as the two introduce an index-based insurance product using satellite-based data on … Continue reading →

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IBLI Index in Loiyangalani based on data up to 18 Feb 2013 – 5 Mar 2013

Posted on April 11, 2013 by IBLI Africa • Leave a comment

The pdf below provides the update on the predicted livestock mortality index and the summary of the underlying data in Loiyangalani for October 2012 – February 2013 (Short Rain Short Dry, SRSD) insurance coverage period based on the data up to Tuesday, March 05, 2013. Loiyangalani.pdf Continue reading →

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IBLI Index in North Horr based on data up to 18 Feb 2013 – 5 Mar 2013

Posted on April 11, 2013 by IBLI Africa • Leave a comment

The pdf below provides the update on the predicted livestock mortality index and the summary of the underlying data in North Horr for October 2012 – February 2013 (Short Rain Short Dry, SRSD) insurance coverage period based on the data up to Tuesday, March 05, 2013. North Horr.pdf Continue reading →