The favorable impacts of index-based livestock insurance in Ethiopia and Kenya
Abstract
The Index-Based Livestock Insurance (IBLI) product leverages the strong correlation between a remotely sensed vegetation index and livestock losses associated with forage shortages. It offers insurance coverage to pastoralists in regions without access to conventional insurance products. The IBLI product was first launched in January 2010 and is now available in several regions of northern Kenya and in the Borana region of southern Ethiopia. This brief draws together the findings from several longitudinal evaluations of the IBLI product in both countries.