Publication:
Kenya Toward a National Crop and Livestock Insurance Program: Background Report

Simple item page
dc.contributor.authorWorld Bank Group
dc.date.accessioned2016-06-07T18:52:21Z
dc.date.available2016-06-07T18:52:21Z
dc.date.issued2015-10
dc.description.abstractAt the request of the government of Kenya and under its guidance, a team of national and international experts conducted an appraisal of different agricultural insurance options for Kenya.This appraisal, as set out in this document and the accompanying technical analysis, lays out the costs and benefits of developing large-scale agricultural insurance that involves both the public and private spheres.The analysis considers potential structures for large-scale agricultural insurance in Kenya, the fiscal cost to the government of Kenya, and the economic benefits for farmers and pastoralists.In order for it to partner with the private sector to prepare and implement a large scale agricultural insurance program, the government should consider taking the following next steps.The government of Kenya may build on there commendations by the Program Steering Committee to take the lead in formulating a national policy on agriculture insurance, in cooperation with county administrations and private insurance companies. The government of Kenya may develop a road map for establishing the institutions required for large-scale agricultural insurance programs, with the goal of covering at least a fifth of Kenya’s agricultural producers. As next steps for establishing livestock insurance, the government of Kenya may decide how to integrate the proposed insurance product with other existing protection mechanisms. As next steps for crop insurance, the government of Kenya may seek consultations with agricultural banks and work with private sector insurers to develop a data audit system acceptable to international reinsurers.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/05/26380539/kenya-toward-national-crop-livestock-insurance-program-background-report-vol-2
dc.identifier.doi10.1596/24444
dc.identifier.urihttps://hdl.handle.net/10986/24444
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectIMPACTS OF CLIMATE CHANGE
dc.subjectINDEMNITY INSURANCE
dc.subjectJOBS
dc.subjectTOTAL COST
dc.subjectECONOMIC MODEL
dc.subjectRISKS
dc.subjectREGULATORY FRAMEWORK
dc.subjectECONOMIC GROWTH
dc.subjectRISK REDUCTION
dc.subjectINSURANCE POOLS
dc.subjectINCOME
dc.subjectINTEREST
dc.subjectINSURANCE VALUES
dc.subjectSUSTAINABILITY
dc.subjectINTEREST RATE
dc.subjectCOMMERCIAL INSURANCE
dc.subjectPROGRAMS
dc.subjectINFORMATION
dc.subjectLIVESTOCK INSURANCE
dc.subjectREVENUES
dc.subjectPORTFOLIO
dc.subjectWELFARE
dc.subjectRISK PREMIUM
dc.subjectINSURANCE POLICIES
dc.subjectINSURANCE SOLUTIONS
dc.subjectLUMP SUM
dc.subjectINCENTIVES
dc.subjectASYMMETRIC INFORMATION
dc.subjectPRICING
dc.subjectMODELS
dc.subjectINSURANCE CLAIMS
dc.subjectWEATHER INSURANCE
dc.subjectPRIVATE INSURANCE
dc.subjectPRICE
dc.subjectINSURANCE RISK
dc.subjectBENEFICIARIES
dc.subjectINFLATION
dc.subjectINSURANCE SCHEME
dc.subjectINSURANCE MARKET
dc.subjectECONOMIC ANALYSIS
dc.subjectINSURANCE COMPANY
dc.subjectPOLICYHOLDERS
dc.subjectCROP INSURANCE
dc.subjectREINSURERS
dc.subjectSAVINGS
dc.subjectSCENARIOS
dc.subjectMORAL HAZARD
dc.subjectFEASIBILITY
dc.subjectCOSTS OF INSURANCE
dc.subjectINSURANCE MARKETS
dc.subjectINSURANCE PRODUCT
dc.subjectINSURANCE REGULATIONS
dc.subjectFIXED COSTS
dc.subjectFINANCIAL COSTS
dc.subjectINTEREST RATES
dc.subjectINSURANCE PAYOUT
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectMARKETS
dc.subjectCOST PER HOUSEHOLD
dc.subjectRATES
dc.subjectDISASTERS
dc.subjectINSURERS
dc.subjectTOTAL COSTS
dc.subjectLONG-TERM FINANCING
dc.subjectRISK SHARING
dc.subjectCAPS
dc.subjectREINSURANCE MARKETS
dc.subjectINSURANCE COVERAGE
dc.subjectINSURANCE POLICY
dc.subjectLEGAL FRAMEWORK
dc.subjectINSURANCE OPTIONS
dc.subjectFINANCE
dc.subjectINSURANCE PREMIUM RATES
dc.subjectCLIMATE VARIABILITY
dc.subjectREINSURANCE
dc.subjectCONSUMPTION
dc.subjectREGULATIONS
dc.subjectECONOMIC COSTS
dc.subjectPOLICIES
dc.subjectCLIMATE CHANGE
dc.subjectINSURANCE SCHEMES
dc.subjectINSURANCE COVER
dc.subjectINSURANCE AGENTS
dc.subjectINSURANCE PRODUCTS
dc.subjectVALUE
dc.subjectLOSSES
dc.subjectCOMPETITIVENESS
dc.subjectPROGRAM COSTS
dc.subjectAPPLICATIONS
dc.subjectPRODUCER PRICE
dc.subjectCREDIT
dc.subjectINSURANCE CONTRACTS
dc.subjectDISASTER RISK FINANCING
dc.subjectCLIMATE
dc.subjectAGRICULTURAL INSURANCE
dc.subjectDEMAND
dc.subjectMICROINSURANCE
dc.subjectWELFARE ANALYSIS
dc.subjectUTILITY FUNCTION
dc.subjectCLAIMS
dc.subjectCOINSURANCE
dc.subjectINTERNATIONAL REINSURANCE
dc.subjectCOST-BENEFIT
dc.subjectINSURANCE CONTRACT
dc.subjectINSURANCE INDUSTRY
dc.subjectINSURANCE PREMIUM
dc.subjectNET COST
dc.subjectTRANSACTION COSTS
dc.subjectMARKET
dc.subjectFINANCIAL LOSSES
dc.subjectEXTREME DROUGHT
dc.subjectRISK TRANSFER
dc.subjectPOLICY
dc.subjectINSURABLE INTEREST
dc.subjectINSURANCE
dc.subjectINSURANCE PREMIUMS
dc.subjectLOSS
dc.subjectIMPACT ANALYSIS
dc.subjectAGENTS
dc.subjectSUBSISTENCE FARMERS
dc.subjectINSURANCE PAYMENTS
dc.subjectRISK
dc.subjectMITIGATION
dc.subjectINDEMNITY
dc.subjectINSURANCE UNDERWRITERS
dc.subjectPRIVATE INSURANCE COMPANIES
dc.subjectALLOCATION
dc.subjectINSPECTIONS
dc.subjectFINANCIAL CAPACITY
dc.subjectSUPPLY
dc.subjectRISK MANAGEMENT PROCESS
dc.subjectUNDERWRITING
dc.subjectINSURANCE SECTOR
dc.subjectCONTINGENCY PLANNING
dc.subjectHOUSEHOLD CONSUMPTION
dc.subjectDYNAMIC MODEL
dc.subjectLOWER DEMAND
dc.subjectFINANCIAL SUPPORT
dc.subjectINVESTMENTS
dc.subjectRISK MANAGEMENT
dc.subjectCOST OF INSURANCE
dc.subjectCOST-BENEFIT ANALYSIS
dc.subjectCROP INSURANCE PROGRAM
dc.subjectINSURANCE COMPANIES
dc.subjectREINSURANCE CONTRACTS
dc.subjectPOLICY ANALYSIS
dc.subjectFINANCIAL SECTOR
dc.subjectRISK MANAGERS
dc.subjectBASIS RISK
dc.subjectCOVERAGE
dc.subjectREINSURANCE COMPANIES
dc.subjectPRICES
dc.subjectRISK ASSESSMENT
dc.subjectCONSUMER PROTECTION
dc.subjectCOST OF CAPITAL
dc.subjectBENEFITS
dc.subjectRISK ANALYSIS
dc.subjectPREMIUMS
dc.titleKenya Toward a National Crop and Livestock Insurance Programen
dc.title.subtitleBackground Reporten
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleKenya Toward a National Crop and Livestock Insurance Program
okr.date.disclosure2016-05-19
okr.date.doiregistration2025-05-05T12:03:50.010009Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/05/26380539/kenya-toward-national-crop-livestock-insurance-program-background-report-vol-2
okr.guid770481467989470111
okr.guid123891468181135823
okr.identifier.externaldocumentum090224b0843453f6_2_0
okr.identifier.internaldocumentum26380539
okr.identifier.report105758
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/05/19/090224b0843453f6/2_0/Rendered/PDF/Kenya000Toward000background0report0.pdfen
okr.region.administrativeAfrica
okr.region.countryKenya
okr.topicFinance and Financial Sector Development::Insurance & Risk Mitigation
okr.topicPoverty Reduction::Rural Poverty Reduction
okr.topicMacroeconomics and Economic Growth::Climate Change Economics
okr.topicAgriculture::Livestock & Animal Husbandry
okr.topicAgriculture::Crops & Crop Management Systems
okr.unitClimate Change-D1-GFDRR-IBRD (GFDRR)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
Kenya000Toward000background0report0.pdf
Size:
7.7 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
Kenya000Toward000background0report0.txt
Size:
505.9 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Other papers