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| Title | Innovations in insuring the poor: Providing weather index and indemnity insurance in Ethiopia |
| Author | Meherette, Eyob |
| Year | 2009 |
| Abstract | Agriculture in Ethiopia is almost entirely rainfed and highly prone to droughts and floods. Given that 85 percent of the population depends on smallholder agriculture, these weather shocks severely affect many Ethiopians. The high covariance of climatic risks, coupled with the lack of property to be attached as collateral, makes it difficult for cooperatives, microfinance organizations, or banks to provide financial services to smallholder farmers unless they have some insurance/reinsurance against this weather risk. These conditions in turn keep farming at a subsistence level, with low use of improved technology, low productivity, and low risk. Nyala Insurance S.C. is one of the leading private insurance companies in Ethiopia and provides a range of products, including both life insurance and general insurance. To help farmers protect themselves against droughts that significantly reduce crop yields, Nyala recently introduced crop insurance products. |
| Series Name | 2020 Vision Focus Brief |
| Series Number | 17(8) |
| Publisher | International Food Policy Research Institute (IFPRI) |
| Place of publication | Washington, D.C. |
| Language | English |
| Record Type |
2020 Vision Focus Brief |
| Peer Reviewed - PR or Non-PR | PR |
| Subject - country location |
ETHIOPIA EAST AFRICA AFRICA SOUTH OF SAHARA |
| Subject - keywords |
Agriculture drought floods smallholder agriculture climatic risks low productivity crop insurance products |
| IFPRI Descriptors |
IFPRI1 GRP4 2020 |
| IFPRI Division |
MTID DGO |
| Access Rights | Open Access |
| Physical description | 2 pages |
| IFPRI Web link | http://www.ifpri.org/publication/providing-weather-index-and-indemnity-insurance-ethiopia |
| Requests | mailto:ifpri-library@cgiar.org |
| CONTENTdm file name | 26851.cpd |
| Date cataloged | 2015-04-16 |
| Date modified | 2015-04-16 |
| OCLC number | 778453771 |
| CONTENTdm number | 26850 |
Description
| Title | focus17_08 1 |
| Access Rights | Open Access |
| Requests | mailto:ifpri-library@cgiar.org |
| CONTENTdm file name | 26849.pdfpage |
| Date cataloged | 2015-03-12 |
| Date modified | 2015-03-12 |
| CONTENTdm number | 26848 |
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