THE STRATEGIC DIRECTIONS OF AGRO INSURANCE WITH THE STATE SUPPORT IN THE RUSSIAN FEDERATION

Issue № 10, 2017, article № 1, pages 4-11

Section: Agrarian policy: problems and decisions

Language: Russian

Original language title: СТРАТЕГИЧЕСКИЕ НАПРАВЛЕНИЯ РАЗВИТИЯ АГРОСТРАХОВАНИЯ С ГОСУДАРСТВЕННОЙ ПОДДЕРЖКОЙ В РОССИЙСКОЙ ФЕДЕРАЦИИ

Keywords: AGRO INSURANCE, STATE SUPPORT, UNIFORM SUBSIDY, INSURANCE TARIFF, INSURANCE PAYMENT, TARGET INDICATORS, ACTUARIAL CALCULATIONS, HEDGING

Abstract: The purpose of research is developing the recommendations about reforming of the working model of agro insurance with the state support. Agro insurance is intended for ensuring protection of property interests of agricultural producers at approach of insured events. Agro insurance for agricultural production is too important due the high probability of catastrophic risks and losses. As on an equal basis with weather risks there are risks of change of market conditions, credit risk and others system approach to risk management in agriculture is necessary. Development of system of agro insurance in the Russian Federation restrains complexity of development of available insurance products, the imperfect mechanism of payment of insurance compensation, low level of an insurance covering. For improvement of agro insurance it is offered: the development of a line of available insurance products for accounting of requirements and features of clients when forming a grocery row, the independent choice by clients of an acceptable share of a covering of risk; use of methodology of actuarial calculations of cost of damages with application of mathematical and statistical methods; ensuring necessary level and stability of resource support from the state; creation of accumulative insurance reserves for a covering of large expenses of future periods for protection against catastrophic risks.

Authors: Schastlivtseva Liudmila Vasilevna, Osinina Aleksandra IUrevna, Panina Nina Anatolevna