Evaluating Community-Based Livestock Insurance in Somali Pastoral Regions: Economic Stability Analysis

Community-based livestock insurance programmes are increasingly being implemented in pastoral regions of Africa to mitigate risks associated with drought and disease. A mixed-methods approach combining qualitative interviews and quantitative data analysis was employed to assess programme impact and participant satisfaction. Participants reported an average increase in livestock value by 20% following insurance enrollment, highlighting the programme's potential for economic enhancement. Community-based livestock insurance programmes show promise in stabilising pastoral economies, though further research is needed to refine implementation strategies. Policy makers should consider expanding coverage and integrating financial literacy training into existing programmes.