Insurers eye share of Sh1.3bn livestock insurance cover

Insurers are bidding for Sh1.26 billion livestock cover as the State seeks to protect arid and semi-arid area (ASAL) farmers from the negative impacts of drought that has in recent past killed animals such as cows.

The state department of livestock has opened a bid for insurance tender that seeks to ensure livestock farmers in eight ASAL counties are given payouts of up to Sh70,000 to buy fodder in case drought strikes.