Uman NUH | today: 12/22/2024

The development of agricultural insurance under modern conditions

Author(s) Bechko P.K., Candidate of Economics, , Uman National University of Horticulture, Ukraine
Бондаренко Н. В., , ,
Пономаренко О. В., , ,
Трушевський О. О., , ,
Category Economics
year 2022 issue Issue number 101. Part 2
pages 275-282 index UDK 368:338.436
DOI 10.32782/2415-8240-2022-101-2-275-282 (Link)
Abstract The article considers the methodological approaches to the development of insurance with state financial support, a dynamic analysis of the volume of subsidies for reimbursement of insurance premiums paid by agricultural producers, accrued under the terms of an agricultural insurance agreement. Globally, insurance has been studied as one of the main means of managing risk in the agricultural sector. Furthermore, according to preliminary studies, insurance has a complex impact on agricultural risks under state support. It was stated that the most important tool for reducing agricultural risks and ensuring the sustainable development of the agricultural sector of the economy is insurance with state support. An analysis of agricultural insurance premiums has been conducted on a continental scale. The study concluded that each country has its own agricultural insurance system, which differs in its organization and especially in the degree of state involvement. It is determined that in advanced economies the state support for agricultural production is much higher than in Ukraine. In addition, it has been established that the level and degree of support for agricultural insurance in the country should correspond to the growth potential of agriculture. Based on the results of the conducted research, it was possible to identify the structural and logical connections between the components of a modern system of regional agricultural development support. An overview of the difficulties associated with providing financial support from the state is outlined. Necessity of introduction of new methodological approaches has been proven to determination of crop loss (death) for payment of insurance compensation. Throughout the world, the State is an active participant in the organization of agricultural insurance, and insurance funding is one of the methods of State regulation of the agricultural business development.
Key words agrarian insurance, subsidies, payments, regional development, reimbursement of parts expenses
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