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Agricultural Insurance in Russia and Abroad: Comparative Characteristics

Author

Listed:
  • Yuri A. Spletuhov

    (Financial Research Institute, Moscow, Russia; Financial University under the Government of the Russian Federation, Moscow, Russia)

Abstract

The article discusses the practice of agricultural insurance in the Russian Federation and in foreign countries, and, above all, agricultural insurance programs with state support. In particular, it characterizes the objectives that the state solves when providing such support, the content of programs, the consequences of their implementation. The author generalizes the principles of crops and cattle insurance with the state participation in Russia and analyzes it. The dynamics of insurance development. Particular attention is paid to countries with the most developed insurance program as the USA, Canada and Spain. Moreover, the author provides characteristics of agricultural insurance schemes, defines the role and functions of state and private insurers, state support methods, insurance types and achieved results. In conclusion, the author dwells on the problems arising in the implementation of agricultural insurance programs with government support.

Suggested Citation

  • Yuri A. Spletuhov, 2018. "Agricultural Insurance in Russia and Abroad: Comparative Characteristics," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 87-99, February.
    • Handle: RePEc:fru:finjrn:180107:p:87-99
    DOI: 10.31107/2075-1990-2018-1-87-99
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    References listed on IDEAS

    as
    1. Olivier Mahul & Charles J. Stutley, 2010. "Government Support to Agricultural Insurance : Challenges and Options for Developing Countries," World Bank Publications - Books, The World Bank Group, number 2432, December.
    2. Konstantin S. Proshin & Alexander M. Shaykin, 2017. "Basic Approaches to Implementing Index-based Crop Insurance in the Russian Federation," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 121-130, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    agricultural insurance; government support; budgetary subsidies of insurance premiums;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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