Weather Index Insurance for Smallholder Farmers in Africa: Lessons learnt and goals for the futureAFRICAN SUN MeDIA, 2012 M12 1 - 197 pages ÿThe international conference on ?Weather index insurance in Africa: lessons learnt and goals for the future? was organised by the Department of Economics, University of the Western Cape, in collaboration with its international partners. The conference attracted over 40 participants drawn from academic and research institutions, insurance practitioners, reinsurers, government policy makers, bankers, agricultural producers, and representatives of non-governmental organisations. The presenters highlighted experiences, challenges and opportunities based on current pilot projects on weather index insurance in many parts of Africa. |
Common terms and phrases
Africa agricultural insurance agricultural risk areas assessment assets basis risk beneficiaries benefits catastrophic risks challenges clients climate change contingency covariate crop insurance developing countries difficult disaster risk management donors drought early warning economic Ethiopia farmer insurance finance financial institutions firms first floods food insecurity framework households IBLI IFAD impact implementation index insurance markets index insurance products index-based insurance Insurance Company insurance contract insurance programmes insurance schemes investment Kenya LEAP legal and regulatory livelihoods livestock insurance livestock mortality lower income countries Marsabit Marsabit district Microinsurance moral hazard NDVI Nyala Oromiya payout percent potential poverty reduction premium subsidies protect PSNP purchase rainfall reduce region reinsurance risk aggregators Risk Financing risk transfer rural scalability and sustainability shocks significant Skees smallholder farmers specific sufficient transaction costs trigger vulnerable weather index insurance weather risk weather station weather-based index WII products woredas World Bank