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Showing items 1 through 9 of 6.
  1. Library Resource
    Manuals & Guidelines
    November, 2009
    Kenya, Eastern Africa

    This paper evaluates the effectiveness of a new index-based livestock insurance (IBLI)

    product designed to compensate for area average predicted livestock mortality loss in

    northern Kenya, where previous work has established the presence of poverty traps. We

    simulate household-specific wealth dynamics based on a model parameterized using rich

    panel and experimental data from the region. The simulations allow us to investigate

    patterns of willingness to pay for asset index insurance that is imperfectly correlated with

  2. Library Resource
    Reports & Research
    February, 2010
    Kenya, Eastern Africa

    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.

  3. Library Resource
    Manuals & Guidelines
    July, 2009
    Kenya, Eastern Africa

    This paper describes a novel effort at developing index-based insurance for locationaveraged livestock mortality as a means to fill an important void in the risk management instruments available to protect the main asset of pastoralists in the arid and semi-arid lands of Kenya, where insurance markets are effectively absent and uninsured risk exposure is a main cause of the existence of poverty traps.

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