Insurance of agricultural products as an integrated risk management in agricultural production
Prokopchuk O.T., Candidate of Economics, , Uman National University of Horticulture, Ukraine
Issue № 92. Part 2
Agriculture is inseparably linked with the search for optimal ways to minimize the negative consequences caused by the action of natural and climatic factors. One such tool is insurance of risks inherent in agricultural production. In this paper, an analysis of the current state and general tendencies of the agricultural insurance system was carried out with the help of economic and statistical research methods, in particular monographic, comparison, tabular, graphical and scientific generalization, and the situation in the Ukrainian agricultural insurance market was analyzed during the period 2006-2016, with a thorough investigation of the situation in 2016, and also studied the modern features of the production of state support for agricultural insurance Economic output and determined the future prospects of the functioning of this industry.
The analysis of the situation on the Ukrainian agricultural insurance market in 2016 made it possible to draw a conclusion about a certain revival and improvement of the quality characteristics of the latter. It is established that the key changes related to insurance of agricultural products in 2016 are as follows: - a significant increase in the volume of collected insurance premiums (including, in dollar terms); - growth of the total amount of insurance liabilities (both in UAH and in dollars); - growth of the average premium rate; - a decrease in the level of payments in 2016 compared to 2015. According to the results of the study, it is established that insurance related to agricultural producers' financing programs through the Agrarian Fund and GKPKU continues to play a significant role (the share of these contracts in 2016 in total has even increased by Compared with 2015 by 9 pp). However, albeit slowly, there is an approximation of the insurance parameters under these contracts with the parameters of insurance under independent contracts, which is a sign of the gradual formation of real market conditions for insurance.
agricultural insurance, the insurance amount, insurance premium, insurance products, government support