Explaining index-based livestock insurance to pastoralists

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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

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