Competing Expectations in an Index-Based Livestock Insurance Project.

Despite donor enthusiasm for index-based microinsurance, globally, pilots have struggled to realise its promises. This paper considers the Kenyan Index-Based Livestock Insurance pilot, investigating the competing expectations held by actors including (re)insurers, researchers, donors, NGOs, and past...

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Publicado en:Journal of Development Studies Vol. 55; no. 6; pp. 1221 - 1240
Autores principales: Johnson, Leigh, Wandera, Brenda, Jensen, Nathan, Banerjee, Rupsha
Formato: Artículo
Publicado: Taylor & Francis Ltd Jun2019
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Competing Expectations in an Index-Based Livestock Insurance Project.
      aug:
        au:
          Johnson, Leigh
          Wandera, Brenda
          Jensen, Nathan
          Banerjee, Rupsha
        affil:
          Department of Geography, University of Oregon, Eugene, OR, USA
          International Livestock Research Institute, Nairobi, Kenya
          Project Concern International Kenya, Nairobi, Kenya
          Cornell University Dyson School of Applied Economics and Management, Ithaca, NY, USA
      su:
        Charitable uses, trusts, & foundations
        Quantitative research
        Livestock insurance
        Microinsurance
        Profitability
      sug:
        subj:
          Charitable uses, trusts, & foundations
          Quantitative research
          Other Social Advocacy Organizations
          Grantmaking Foundations
          Direct Property and Casualty Insurance Carriers
          Other direct insurance (except life, health and medical) carriers
          Livestock insurance
          Microinsurance
          Profitability
      ab: Despite donor enthusiasm for index-based microinsurance, globally, pilots have struggled to realise its promises. This paper considers the Kenyan Index-Based Livestock Insurance pilot, investigating the competing expectations held by actors including (re)insurers, researchers, donors, NGOs, and pastoralists. We explore expectations' impacts on partner involvement, project outcomes, sales, and the future outlook for Kenyan livestock insurance. Quantitative analysis suggests early demand and subsequent backlash were not results of systematic mis-selling, but rather stemmed from clients' unfulfilled expectations of patron-like relationships with insurance partners. We caution against exaggerated expectations of profitability and call for reflection and transparency amidst the embrace of insurance tools.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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