Characterization for index based livestock insurance
Pastoral populations of sub-Saharan Africa are particularly vulnerable to losses in wealth and productive assets via herdmortality shocks. Although conventional insurance mechanisms covering individual losses are not cost effective in low income extensive grazing pastoral communities, index insuranc...
| Main Authors: | , , , |
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| Format: | Informe técnico |
| Language: | Inglés |
| Published: |
International Livestock Research Institute
2016
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/75978 |
| _version_ | 1855539610091782144 |
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| author | Mills, C.J. Jensen, Nathaniel D. Barrett, Christopher B. Mude, Andrew G. |
| author_browse | Barrett, Christopher B. Jensen, Nathaniel D. Mills, C.J. Mude, Andrew G. |
| author_facet | Mills, C.J. Jensen, Nathaniel D. Barrett, Christopher B. Mude, Andrew G. |
| author_sort | Mills, C.J. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Pastoral populations of sub-Saharan Africa are particularly vulnerable to losses in wealth and productive assets via herdmortality shocks. Although conventional insurance mechanisms covering individual losses are not cost effective in low income extensive grazing pastoral communities, index insurance for livestock offers a promising alternative. This paper identifies regions most suitable for an index-based livestock insurance product: areas predicted to have high covariaterisk from drought, high potential demand for a livestock insurance product, and supporting market infrastructure for an insurance product. Our findings support current efforts to implement index insurance in Kenya and Ethiopia, and reveal additional areas for geographic expansion in western and southern Africa. |
| format | Informe técnico |
| id | CGSpace75978 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | International Livestock Research Institute |
| publisherStr | International Livestock Research Institute |
| record_format | dspace |
| spelling | CGSpace759782025-11-04T20:27:39Z Characterization for index based livestock insurance Mills, C.J. Jensen, Nathaniel D. Barrett, Christopher B. Mude, Andrew G. livestock insurance Pastoral populations of sub-Saharan Africa are particularly vulnerable to losses in wealth and productive assets via herdmortality shocks. Although conventional insurance mechanisms covering individual losses are not cost effective in low income extensive grazing pastoral communities, index insurance for livestock offers a promising alternative. This paper identifies regions most suitable for an index-based livestock insurance product: areas predicted to have high covariaterisk from drought, high potential demand for a livestock insurance product, and supporting market infrastructure for an insurance product. Our findings support current efforts to implement index insurance in Kenya and Ethiopia, and reveal additional areas for geographic expansion in western and southern Africa. 2016-04-30 2016-07-07T07:42:34Z 2016-07-07T07:42:34Z Report https://hdl.handle.net/10568/75978 en Open Access application/pdf International Livestock Research Institute Mills, C.J., Jensen, N.D., Barrett, C.B. and Mude, A.G. 2016. Characterization for index based livestock insurance. ILRI Research Report 39. Nairobi, Kenya: ILRI. |
| spellingShingle | livestock insurance Mills, C.J. Jensen, Nathaniel D. Barrett, Christopher B. Mude, Andrew G. Characterization for index based livestock insurance |
| title | Characterization for index based livestock insurance |
| title_full | Characterization for index based livestock insurance |
| title_fullStr | Characterization for index based livestock insurance |
| title_full_unstemmed | Characterization for index based livestock insurance |
| title_short | Characterization for index based livestock insurance |
| title_sort | characterization for index based livestock insurance |
| topic | livestock insurance |
| url | https://hdl.handle.net/10568/75978 |
| work_keys_str_mv | AT millscj characterizationforindexbasedlivestockinsurance AT jensennathanield characterizationforindexbasedlivestockinsurance AT barrettchristopherb characterizationforindexbasedlivestockinsurance AT mudeandrewg characterizationforindexbasedlivestockinsurance |