TY - JOUR AB - Purpose– The purpose of this research is examine the development of livestock mortality insurance, and associated challenges, in order to provide an improved understanding regarding the operation of livestock mortality insurance.Design/methodology/approach– In a many countries, livestock mortality insurance has been either unavailable or underdeveloped. A descriptive analysis is provided regarding the background and development of livestock mortality insurance, along with an example.Findings– Livestock mortality insurance is considerably more complex than crop insurance, and some of the complexities of livestock mortality insurance include multi‐stage production, consequential losses, occasional large event losses, animal health management, moral hazard, and adverse selection.Originality/value– This study provides background and development information regarding livestock mortality insurance, and also highlights a number of important differences between livestock mortality insurance and crop insurance. VL - 73 IS - 2 SN - 0002-1466 DO - 10.1108/AFR-04-2013-0019 UR - https://doi.org/10.1108/AFR-04-2013-0019 AU - Boyd Milton AU - Pai Jeffrey AU - Porth Lysa PY - 2013 Y1 - 2013/01/01 TI - Livestock mortality insurance: development and challenges T2 - Agricultural Finance Review PB - Emerald Group Publishing Limited SP - 233 EP - 244 Y2 - 2024/04/26 ER -