Modern tendencies in the development of index insurance in Ukraine
| Main Authors: | HNATENKO O.A., ESH S.M. |
|---|---|
| Format: | Article |
| Bahasa: | eng |
| Terbitan: |
, 2019
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| Subjects: | |
| Online Access: |
https://zenodo.org/record/3245113 |
Daftar Isi:
- The subject of the article is sum–total of theoretical and applied aspects of index insurance development in Ukraine. The aim of the research is verification of modern development of index insurance trends in Ukraine. Research methods. Scientific and special methods of empiric research are used: system; comparison; analogy. Research’s results. Index insurance of agrarian risks is the most effective instrument that not only covers the losses of agrarian business through weather cataclysms but also provides stable development is described in the article. Industry of results application. Industry of property insurance, industry of agriculture, economy and management of national economy. Conclusions. Analysing modern development of index insurance trends in Ukraine it is determined that Index insurance envisages transparency and eliminates subjective approaches in the process of estimation. Index insurance also considerably simplifies an estimation and processes of payments. Foremost it is related with the necessity of departure of insurers on the fields with the aim of losses estimation. The speed of payment depends on selected parameter (index). Such approaches do index insurance attractive not only for farmers but also for insurers. In addition, it reduces financial risks for banks that give agricultural producers credits. Overall, it creates favourable pre–conditions for the increase of financing of agrarian sector.