Govt, Insurance Firm Scale Up De-Risking Initiative to Cushion Pastoralist Economies
AllAfrica
The State Department for Livestock (SDL)has been implementing the Kenya Livestock Insurance Programme (KLIP) in collaboration with County Governments.
Speaking to KNA, Ijara sub County cooperative officer Abdi Fatah Yussuf disclosed that the programme will be conducted by the state Department for Livestock in partnership with ZEP-RE (PTA Reinsurance Company) to implement the De-Risking, Inclusion and Value Enhancement (DRIVE) of pastoral economies in the Horn of Africa.
Yussuf said the aim of the DRIVE project is to protect pastoralist economies against drought risk, increase the financial inclusion of pastoralists and better connect them to the market, facilitate livestock trade and upgrade the value chain by mobilizing private investment.
The cooperatives officer said the project implementation partners ZEP-RE (PTA Reinsurance company) in partnership with SDL and other partners would like to conduct an electronic data capture and insurance sales of all KLIP beneficiaries in the area between 20th to 25th October 2022 in Garissa County.
Yussuf called on youth and women groups to input their database, while the Ag. Sub-county livestock officer Mohamud Derow and two other livestock officers based in Masalani town were conducting the data collection before the due date.
He called on other groups, especially those dealing with livestock to report to the concerned officers. - Kna
Nearly Half A Million Claims Have Been Filed Following Hurricane Ian
900,000 Kentuckians to benefit from Medicaid expansion
Advisor News
- Global economic growth will moderate as the labor force shrinks
- Estate planning during the great wealth transfer
- Main Street families need trusted financial guidance to navigate the new Trump Accounts
- Are the holidays a good time to have a long-term care conversation?
- Gen X unsure whether they can catch up with retirement saving
More Advisor NewsAnnuity News
- Pension buy-in sales up, PRT sales down in mixed Q3, LIMRA reports
- Life insurance and annuities: Reassuring ‘tired’ clients in 2026
- Insurance Compact warns NAIC some annuity designs āquite complicatedā
- MONTGOMERY COUNTY MAN SENTENCED TO FEDERAL PRISON FOR DEFRAUDING ELDERLY VICTIMS OF HUNDREDS OF THOUSANDS OF DOLLARS
- New York Life continues to close in on Athene; annuity sales up 50%
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- AM Best Affirms Credit Ratings of Manulife Financial Corporation and Its Subsidiaries
- AM Best Upgrades Credit Ratings of Starr International Insurance (Thailand) Public Company Limited
- PROMOTING INNOVATION WHILE GUARDING AGAINST FINANCIAL STABILITY RISKS Ā SPEECH BY RANDY KROSZNER
- Life insurance and annuities: Reassuring ‘tired’ clients in 2026
- Reliance Standard Life Insurance Company Trademark Application for āRELIANCEMATRIXā Filed: Reliance Standard Life Insurance Company
More Life Insurance News