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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

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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

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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

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Insure my cows

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

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Insurance designed for Muslim herders makes first payout in Kenya

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