Herders in Northern Kenya who have lost their cattle due to the intensive drought are getting their first payments as part of an innovative insurance program known as Index Based Livestock Insurance or IBLI. This was reported by the International Livestock Research Institute who developed this insurance programme together with Cornell University and the Index … Continue reading
Category Archives: News
UAP, ILRI make first compensations for livestock losses
Pastoralists in Marsabit who have lost up to a third of their animals due to ravaging drought witnessed in the country a few months ago today received compensation from UAP Insurance under an insurance program developed in partnership with the Nairobi-based International Livestock Research Institute (ILRI), Cornell University, Equity Bank and the index Insurance Innovation … Continue reading
Herders welcome livestock insurance
A feature on Index Based livestock Insurance by Vincent Oduor NTV Kenya on 24th Oct 2011 Continue reading
Herders receive first drought insurance payouts in Kenya
As part of an innovative new scheme, 650 herders in northern Kenya received their first drought insurance payouts for the loss of thousands of cows, camels, goats and sheep on Friday. Up to a third of livestock in Marsabit District are estimated to have died during the current drought, which has affected over 13 million … Continue reading
IBLI project leader Dr. Andrew Mude interviewed on CNBC Africa television: ‘Increase investments in the pastoral livelihood’
As hunger spreads among more than 12 million people in the Horn of Africa, a study by the International Livestock Research Institute of the response to Kenya’s last devastating drought, in 2008-2009, finds that investments aimed at increasing the mobility of livestock herders could be the key to averting future food crises in arid lands. … Continue reading
Kenya: Farmers may soon receive first drought payout
Nairobi — Insurers will assess in October whether Kenyan farmers signed up to the Index-Based Livestock Insurance scheme will receive their first payment, after the worst drought in the region for 60 years. The scheme, which has been piloted in northern Kenya since early 2010, uses freely-available satellite data to assess the state of pastures. … Continue reading
IBLI wins ICT Innovation Award
This week, we won a V2030 ICT Innovation Award from the Kenya ICT Board. The announcement said that the “Index-based livestock insurance (IBLI) is a promising and exciting innovation in insurance design that allows the risk-management benefits of insurance to be made available to poor and remote clients. The IBLI product being piloted in Marsabit … Continue reading
Making the case for index-based livestock insurance in Kenya
This week, ILRI’s Andrew Mude introduced an index-based livestock insurance scheme at the ‘Future of Pastoralism in Africa’ Conference. This initiative has been instituted, in partnership with UAP Insurance and Equity Bank, for pastoral herders in Marsabit District, in northern Kenya’s great drylands. This is the first insurance ever offered the Samburu, Gabra, Rendille, Borana, … Continue reading
Exploring weather index insurance in Ethiopia
Researchers, insurance brokers, insurance companies, banks, donors, ministry of agriculture and non-governmental organizations participated in a workshop this week to discuss index insurance for agriculture in Ethiopia. Three projects of the Index Insurance Innovation Initiative (I4) hosted by the Food and Agriculture Organization (FAO), the international Food Policy Research Institute (IFPRI) and the International Livestock Research … Continue reading
Index-based livestock insurance project in northern Kenya wins PEGnet best practice award
The International Livestock Research Institute (ILRI) led Index-based Livestock Insurance (IBLI) project in northern Kenya, which provides livestock insurance to over 2000 households in Marsabit district to help livestock herders sustain their livestock-dependent livelihoods during drought, has received a best-practice award from the Poverty Reduction, Equity and Growth Network in recognition of the project’s innovative approach … Continue reading