Journal article

Authors list: Nshakira-Rukundo, Emmanuel; Kamau, Juliet Wanjiku; Baumueller, Heike

Publication year: 2021

Pages: 605-631

Journal: Environment and Development Economics

Volume number: 26

Issue number: 5-6

ISSN: 1355-770X

eISSN: 1469-4395

Open access status: Hybrid

DOI Link: https://doi.org/10.1017/S1355770X21000085

Publisher: Cambridge University Press

Abstract: 
Weather shocks affect smallholder farmers and pastoralists in Sub-Saharan Africa unequally. Agricultural insurance has emerged as a safety net option to protect farmers' welfare. However, in comparison to other regions, fewer African farmers and pastoralists have adopted agricultural insurance. This review synthesises broad recent literature on why insurance take-up has remained low and highlights six key themes, including: (1) product quality, (2) product design, (3) affordability, (4) information and education, (5) behavioural and sociocultural factors, and (6) the role of government in enabling markets. We shed light on how insurance uptake can be encouraged.

Harvard Citation style: Nshakira-Rukundo, E., Kamau, J. and Baumueller, H. (2021) Determinants of uptake and strategies to improve agricultural insurance in Africa: a review, Environment and Development Economics, 26(5-6), Article PII S1355770X21000085. pp. 605-631. https://doi.org/10.1017/S1355770X21000085

APA Citation style: Nshakira-Rukundo, E., Kamau, J., & Baumueller, H. (2021). Determinants of uptake and strategies to improve agricultural insurance in Africa: a review. Environment and Development Economics. 26(5-6), Article PII S1355770X21000085, 605-631. https://doi.org/10.1017/S1355770X21000085