Uman NUH | today: 12/22/2024
| Author(s) |
Bechko P.K., Candidate of Economics, , Uman National University of Horticulture, Ukraine Vlasyuk S.A., , , Uman National University of Horticulture Bondarenko N.V., , , Uman National University of Horticulture Nepochatenko E.A., Candidate of Economics Sciences, , Uman National University of Horticulture, Ukraine КОБИЛЯНСЬКИЙ М.О., , , |
||
|---|---|---|---|
| Category | Economics | ||
| year | 2022 | issue | Issue number 100. Part 2 |
| pages | 179-187 | index UDK | 368:338.436 | DOI | 10.31395/2415-8240-2022-100-2-179-187 (Link) |
| Abstract | As the title implies the article describes the risk insurance in the agricultural sector that is growing in importance in Ukraine. It is specially noted that for efficient insurance, it is important that insurance premium prices remain affordable while remaining profitable for insurance companies. Farmers face many risks that affect the change in income annually. In addition, agricultural production is directly dependent on the impact of natural disasters and emergencies. The main purpose of the paper is to study the development of the regulatory mechanism in the system of insurance risks of agrarian business entities with identification and classification of factors that affect the dynamics of the main indicators of the insurance market, and substantiate the effective Ukrainian agricultural insurance system. The methodological basis of the research was established by general scientific principles and methods that involve generalization, systematic and dialectical approach. General scientific methods and techniques such as scientific abstraction, epistemological analysis, structural-logical analysis, factor analysis, synthesis, induction, deduction, comparison, statistical method, prognostic and others have been used during the research. The paper has clearly shown that one of the most efficient tools for reducing risks and ensuring stable production in rural areas is risk insurance of agricultural organizations, which has a long history. Analysis of global experience of agricultural insurance shows that in most developed countries, agricultural risk insurance is carried out with the active support and participation of government or in the form of subsidizing part of the insurance premium, or in the form of state participation in compensation. In conclusion it was found that the regulatory mechanism in the system of insurance risks of agribusiness entities is a valuable financial instrument. It is also offered to spread vertical integration in the agro-industrial complex - agro-holdings, which provide an opportunity to solve some of the challenges associated with price risks of economic entities, both agriculture and processing industry. | ||
| Key words | insurance, risk insurance, regulatory mechanism, business entity, agricultural sector, financial instruments | ||