Uman NUH | today: 12/22/2024
| Author(s) | Дрозд В. О., , , | ||
|---|---|---|---|
| Category | Economics | ||
| year | 2024 | issue | Issue 105 part 2 |
| pages | 84-93 | index UDK | 338.4:631.1 | DOI | 10.32782/2415-8240-2024-105-2-84-93 (Link) |
| Abstract | The article examines the set of institutions of the agrarian insurance environment in Ukraine. The directions, conditions and risks of agricultural insurance are determined. The rating of voluntary insurance companies in the agricultural sector was analyzed. The problems of the development of agricultural insurance in Ukraine and the directions of its development in modern conditions are determined. It is shown that as of January 2022, less than 10 insurance companies operate in the field of regular agricultural insurance in Ukraine, although more than 40 insurance companies have a license for this type of insurance. With the beginning of martial law, farmers work in difficult conditions, under constant risk, and therefore choose an insurance company with the most favorable conditions to ensure the safety of their crops and property. The article proves that a potential way to develop agricultural insurance in Ukraine is to increase state support for agricultural enterprises. It is shown that the Government could increase budget allocations for agricultural insurance by providing financial support in the form of subsidies, soft loans and state guarantees. This would reduce the burden on agricultural producers and make insurance more affordable. Given the difficult situation in the country, agricultural producers are now considering the possibility of insuring part or all of their agricultural activities. It is difficult to assess all risks, opportunities, threats and prospects. Having analyzed the scale of the problem and identified weak points, it was suggested to formulate solutions and plan the further development and future of agricultural insurance. The article presents proposed measures for the development of the agricultural insurance market developed in the course of the conducted research. It is proved that improvement of insurance legislation, increase of trust in insurance companies, development of new products, technological innovations and cooperation with state bodies should be included among the possible directions of development in the modern institutional environment of agrarian insurance. | ||
| Key words | agricultural insurance, institutional environment, insurance culture, agricultural insurance market | ||