Publication
Explaining index-based livestock insurance to pastoralists
Details
Author(s):
John McPeak; Sommarat Chantarat; Andrew Mude
Type of Document:
Scholarly Article
Publisher/Journal:
Agricultural Finance Review
Date of Publication:
2010
Place of Publication:
Not Available
Links
Description
Abstract: Livestock production in arid and semi-arid rangelands is a risky enterprise. Covariate risk of catastrophic livestock loss due to drought is the most critical uninsured risk facing livestock producers. These losses can lead to persistent poverty. We are trying to design an index based livestock insurance (IBLI) program as a viable means to help pastoralists in northern Kenya manage such covariate risk of livestock losses due to drought. A predicted livestock mortality index