THE ASSESSMENT OF EFFICIENCY OF AGRO INSURANCE SYSTEM WITH THE GOVERNMENT SUPPORT

Issue № 11, 2016, article № 5, pages 24-31

Section: Problems of efficient management

Language: Russian

Original language title: ОЦЕНКА ЭФФЕКТИВНОСТИ ГОСУДАРСТВЕННОГО РЕГУЛИРОВАНИЯ СИСТЕМЫ АГРОСТРАХОВАНИЯ С ГОСУДАРСТВЕННОЙ ПОДДЕРЖКОЙ

Keywords: AGRO INSURANCE, STANDARD AND LEGAL REGULATION, STATE SUPPORT, SUBSIDIES, ECONOMIC EFFICIENCY, INSURANCE TARIFF, INSURANCE PAYMENT

Abstract: Insurance is one of elements of financial infrastructure of the food market allowing to fill the income of producers in case of their loss because of natural risks, to restore production with guarantee to fill the market with food. The standard and legal base of agro insurance, and also influence of changes in the legislation on a condition of the market of insurance services is considered. The analysis of the key economic parameters of the insurance market has shown decrease in his key parameters: the number of the insured farms; specific weight of the insured crops; sums of an insurance premium; sizes of the state subsidies; payments of insurance compensation. For assessment of economic efficiency of insurance the relation of insurance compensation to an insurance premium was defined. Assessment of operating agro insurance mechanism in the Russian Federation is presented. The conclusion is drawn on inefficiency of the economic mechanism of the operating system of agro insurance with the state support that is confirmed by negative dynamics of parameters of the market, groundlessness of insurance tariffs, their discrepancy to real damages, decrease in motivation to insurance at agricultural producers, non-compliance with priority of interests of agricultural producers and the budget. On the basis of the carried-out analysis assessment of advantages and shortcomings of the working model of agro insurance is executed. For increase in efficiency of state regulation of agro insurance recommendations which need to be considered when developing methodical approaches by calculation of insurance tariffs and insurance compensation, definition of need for budgetary funds, assessment of efficiency of measures of state regulation of model of agro insurance in Russia are developed.

Authors: Schastlivtseva Liudmila Vasilevna, Osinina Aleksandra IUrevna