Uman NUH | today: 10/16/2024
| Author(s) |
Melnyk К. М., , , Ulyanych Y.V., Candidate of Economics, , Uman National University of Horticulture, Ukraine Prokopchuk O.T., Candidate of Economics, , Uman National University of Horticulture, Ukraine |
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| Category | Economics | ||
| year | 2019 | issue | Issue 94. Part 2 |
| pages | 121-130 | index UDK | 368.022-043.86. (477) | DOI | 10.31395/2415-8240-2019-94-2-121-130 (Link) |
| Abstract | The article considers agricultural insurance as one of the most important means of reducing the risks of agrarian production. Its purpose is to compensate the financial losses of the producer as a result of an insured event (as defined by the insurance contract or current legislation) that may occur during the animal farming or agricultural crops cultivation. The advantages of agricultural insurance, its dynamics in Ukraine, the structure of insured agricultural crops and animals over the years have been analyzed, distribution of insurance payments by regions is considered. It was established that for the investigated period, the innovation in insurance was the conclusion of insurance contracts on organic production of agricultural crops. For the purpose of the scientific solution of the set problematic, general scientific methods of scientific knowledge and the study of economic phenomena were used. The theoretical and methodological basis of the research is the works of domestic and foreign economists who are involved in the development of agricultural insurance in Ukraine. The article used the generally accepted statistical methods for systematization and evaluation of statistical data, with the subsequent development of recommendations for optimizing the distribution system and risk management of agricultural production. The tendency of the agricultural insurance market growth is found, as evidenced by the analysis of most economic development indices. It was established that the insurance contracts on total loss in winter period, the insurance contracts on the named risks during the spring and summer period as well as the multi-risk insurance contracts of yield or crops were the most popular during the researched period. It has been established that the agricultural insurance market is most likely developing in China, thanks to the support of the government, which provides half of the premiums paid by the state. In the US, the popularity of agricultural insurance is ensured by the legal settlement of relations between the parties. The level of agricultural insurance in Ukraine is on average 5-7%. | ||
| Key words | agricultural insurance, development, risk, insurance, insurance amount, insurance premiums, insurance activity, insured event. | ||