Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya

Index-based livestock insurance (IBLI) is a donor-funded programme aimed at designing, developing and implementing market-mediated, index-based insurance products to protect livestock keepers, particularly in the drought-prone arid and semi-arid lands (ASALs), from drought-related asset losses. The...

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Autor principal: Agency for Rangeland Information and Development in Kenya
Formato: Informe técnico
Lenguaje:Inglés
Publicado: Technical Centre for Agricultural and Rural Cooperation 2018
Acceso en línea:https://hdl.handle.net/10568/97904
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author Agency for Rangeland Information and Development in Kenya
author_browse Agency for Rangeland Information and Development in Kenya
author_facet Agency for Rangeland Information and Development in Kenya
author_sort Agency for Rangeland Information and Development in Kenya
collection Repository of Agricultural Research Outputs (CGSpace)
description Index-based livestock insurance (IBLI) is a donor-funded programme aimed at designing, developing and implementing market-mediated, index-based insurance products to protect livestock keepers, particularly in the drought-prone arid and semi-arid lands (ASALs), from drought-related asset losses. The IBLI index is based on satellite data, which measure the quality of the pastureland every 10–16 days. These data are inputs to a statistical model of livestock mortality developed using historical data from the region. When evolving range conditions predict livestock mortality in excess of a critical threshold (say 15%) over a predetermined area, the insurance pays contract-holding pastoralists for their losses, allowing them to manage their individual risk. The programme operates under the International Livestock Research Institute (ILRI) and is delivered by several private sector insurance providers, with financial support from the United Kingdom Department for International Development (DFID), Australia’s Department of Foreign Affairs and Trade and the European Union.
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spelling CGSpace979042024-01-03T11:46:49Z Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya Agency for Rangeland Information and Development in Kenya Index-based livestock insurance (IBLI) is a donor-funded programme aimed at designing, developing and implementing market-mediated, index-based insurance products to protect livestock keepers, particularly in the drought-prone arid and semi-arid lands (ASALs), from drought-related asset losses. The IBLI index is based on satellite data, which measure the quality of the pastureland every 10–16 days. These data are inputs to a statistical model of livestock mortality developed using historical data from the region. When evolving range conditions predict livestock mortality in excess of a critical threshold (say 15%) over a predetermined area, the insurance pays contract-holding pastoralists for their losses, allowing them to manage their individual risk. The programme operates under the International Livestock Research Institute (ILRI) and is delivered by several private sector insurance providers, with financial support from the United Kingdom Department for International Development (DFID), Australia’s Department of Foreign Affairs and Trade and the European Union. 2018-11-05 2018-11-10T04:32:05Z 2018-11-10T04:32:05Z Report https://hdl.handle.net/10568/97904 en Open Access application/pdf Technical Centre for Agricultural and Rural Cooperation Agency for Rangeland Information and Development in Kenya. 2018. Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya. Wageningen, The Netherlands: CTA
spellingShingle Agency for Rangeland Information and Development in Kenya
Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya
title Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya
title_full Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya
title_fullStr Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya
title_full_unstemmed Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya
title_short Index-based livestock insurance as an innovative tool against drought loss: Good practices and impact analysis from northern Kenya
title_sort index based livestock insurance as an innovative tool against drought loss good practices and impact analysis from northern kenya
url https://hdl.handle.net/10568/97904
work_keys_str_mv AT agencyforrangelandinformationanddevelopmentinkenya indexbasedlivestockinsuranceasaninnovativetoolagainstdroughtlossgoodpracticesandimpactanalysisfromnorthernkenya